182 Results from 2023, /predictions
Nelia Holovina Content Writer at Solvd
Picture this: you're sitting at your desk, sipping on your coffee, staring blankly at your computer screen. Suddenly, inspiration strikes! You remember hearing about a free artificial intelligence tool that generates images, and you decide to try it out. You start by inputting some basic information about your product, and the AI tool begins genera...
11 March 2023 /markets /predictions Marketing in Financial Services
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
The answer isn’t clear, but it will certainly be evident when we look back half a century from now. Technological breakthroughs, such as increasingly and surprisingly sophisticated artificial intelligence algorithms, make us question whether we’re living through a fundamental transition point in history. It’s worth noting that a common aspect acr...
09 March 2023 /cloud /predictions Artificial Intelligence and Financial Services
Luigi Wewege President at Caye International Bank
When it comes to investment mistakes and significant events, I am often amazed to see how short people's memories are. One would think that where billions have been wiped off private equity, we as humans will take heed, learn from these gigantic events of our recent past, and be more safely diversified. Since a famous late individual said, "W...
08 March 2023 /retail /predictions Disruption in Retail Banking
Ian Henderson CEO at Kyckr
After a decade aptly described as the 'golden age of FinTech', last year saw a substantial dip in global FinTech investment (from $238.9bn in 2021 to $164.1bn in 2022). The industry, as one easily can imagine, was rattled. Media called it 'FinTech's first test' and 'the great FinTech reckoning'. They all agreed that the so-called 'easy money' had ...
07 March 2023 /regulation /predictions Fintech
Retired Member
All roads WILL lead to digital transformation to create the BEST customer experience. Sitting around the table, we ponder whether we should lead with Cloud or Data while forgetting that we are all the actors in the end-user show. In today's challenging macroeconomic situation and regulatory requirements, Financial institutions have realized that en...
06 March 2023 /cloud /predictions Banking Strategy, Digital and Transformation
Despite a tough economic environment, many of the asset finance providers I talk to are confident about their growth prospects in 2023. And one of the biggest opportunities at the moment lies in green finance. Whether they are leasing more electric vehicles, financing the charging infrastructure that supports them or providing assets on a pay-as-yo...
06 March 2023 /markets /predictions Banking and Lending Solutions
Mahesh Pawal Portfolio Product Manager, Digital Transformation at Fiserv
“$20 for entering name and address? And this is just a step #1 out of 7 steps.” Imagine you have given an option to earn money while opening an account, instead of providing the details on the age-old boring screens. Which one will you choose? If you have answered first approach – that’s the impact of Gamification. According to a study by MagnifyMo...
02 March 2023 /retail /predictions Banking
Steve Sabin SVP, Division Executive, Lending at FIS
Digital technology has turbocharged the commercial lending process, with fast, highly automated decisions seriously slashing the time to “yes.” But to navigate the uncertain times ahead, lenders will need more than speed from their fintech. While traditional banks can now make simple credit decisions as quickly and efficiently as technology-driven ...
02 March 2023 /wholesale /predictions Banking and Lending Solutions
A new school of challenger brands is beginning to reshape the face of short-term lending. From Buy Now Pay Later (BNPL) to in-the-moment offers and instant credit activation through virtual cards, credit is getting more flexible and fast-paced. Not only does this put the power in customers' hands, but it also reshapes how they interact with credit ...
01 March 2023 /retail /predictions Banking and Lending Solutions
While the sophistication of chatbot technology has been steadily increasing over the past decade, the release of Large Language Model-based ChatGPT is set to be the harbinger of the next wave of powerful, hyper-personalized and highly adaptable chatbots. Released last November, ChatGPT – Chat Generative Pre-Trained Transformer – has been trained by...
28 February 2023 /predictions Fintech
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