702 Results from /predictions
Shane Omidi Principal Consultant at Capco
Project management is ready for a (r)evolution as advanced technologies that integrate artificial intelligence (AI) are increasingly applied in the field. Understanding the potential of this AI-powered paradigm shift is paramount if financial institutions are to protect and enhance their competitive advantage and to unlock new value. It has been ...
09 November 2023 /predictions Artificial Intelligence and Financial Services
Julia Khandoshko CEO at Mind Money
Irrespective of the industry, AI and ML are now all the rage, and asset management is no exception. By 2027, around 16% of asset managers will supposedly disappear due to a paradigm shift in technological advancements and investor expectations. AI and ML technologies are being used in various aspects of the financial industry. It’s all about adopt...
09 November 2023 /wealth /predictions Artificial Intelligence and Financial Services
Ekmel Cilingir Chairman of the Supervisory Board at European Merchant Bank
In 2023, the financing of the FinTech sector has faced some serious fluctuations. The latest KPMG report shows that in the first half of 2023, global financing of the FinTech sector decreased by 17 per-cent compared to the second half of 2022. Despite facing this and other recent challenges, FinTech is one of the most advanced and innovative secto...
07 November 2023 /markets /predictions Fintech
Darren Winfield Insight Consultant at Defaqto Ltd
Robo-advice, or digital wealth management, is gaining popularity, particularly with Gen Z, as a way for individuals to receive financial advice and invest their money using algorithms and technology through apps and web-based platforms rather than human financial advisors. As Gen Z continues to gain financial knowledge and independence, the adopti...
06 November 2023 /wealth /predictions Digital Banking, Mortgages and Savings
Lydia Coyle Management Consultant at Woodhurst
How can we better explain the benefits of Building Societies and make membership meaningful for customers? Unlocking the value of membership across your Society is something that should remain front of mind throughout a transformation. Membership in Building Societies is a unique concept that can offer various benefits to individuals, but these ben...
03 November 2023 /inclusion /predictions Financial Transformation
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
How could SSI support AI applications? Self-Sovereign Identity (SSI) can be immensely supportive for AI applications in various ways: 1. **Data Integrity and Authenticity**: SSI ensures that the data shared with AI systems is authentic and unaltered, which is crucial for AI models that rely on accurate data for training and decision-making. 2. *...
01 November 2023 /identity /predictions Innovation in Financial Services
Igor Tomych Founder/CEO at Dashdevs
The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape. As per EMR's data, the global fintech market reached a significant valuation and is projected to expand at a CAGR of 16.8% during 2023-2028, targeting a market size of USD 492.81 billion by 2028. Source: Expert Ma...
01 November 2023 /startups /predictions Fintech
Pete Lord CEO and Co-founder at Codat
B2B payments is rapidly evolving as the new battleground for foreign exchange providers. It has the fruitful combination of delivering consistently high growth but remaining relatively untapped, as a significant chunk of business payments still flow through traditional banks. Growth in the B2B sector in FX payments widely outpaces other business ...
30 October 2023 /payments /predictions Payments strategies 2015-2020-2030
Chirag Shah Founder and CEO at Pulse
It’s no secret that technology is rapidly advancing the human workspace, and now we’re even seeing technologies come together to create a seamless environment. Indeed, artificial intelligence (AI) and machine learning (ML) are increasingly collaborating in solutions, especially in the realm of fintech - and, when they do, the benefits seem unstopp...
24 October 2023 /predictions Banking Strategy, Digital and Transformation
Luigi Wewege President at Caye International Bank
The Top 10 Ways AI is Revolutionizing the Retail Banking Industry Artificial Intelligence (AI) has emerged as a transformative force across various industries, and retail banking is no exception. In an era characterized by digital transformation and shifting customer expectations, AI is empowering retail banks to enhance their services, streamline...
21 October 2023 /regulation /predictions Artificial Intelligence and Financial Services
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