1010 Results from /wholesale
Viren Patel Financial Services Industry Strategist at Workday
Financial services firms are using Artificial Intelligence (AI) and Machine Learning (ML) more and more heavily. The latest research from The Bank of England and Financial Conduct Authority, for example, suggests that 72% of UK firms in the sector are developing or deploying ML, a branch of AI that gives machines the ability to "learn" f...
17 July 2023 /retail /wholesale Artificial Intelligence and Financial Services
Alex Ford President, North America at Encompass | RegTech Association | Women in RegTech
As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - particularly via RegTech solutions, is continuing to increase in relevance globally. This is a topic that I discussed as part of a panel of industry exper...
14 July 2023 /regulation /wholesale RegTech
Retired Member
In our previous article, Beyond the monolithic era- Data as a Product (https://www.finextra.com/blogposting/23986/beyond-the-monolithic-era--data-as-a-product) we had touched upon the new concept, Data as a product which is the way forward for organisations to manage data and move towards a data mesh architecture. This article elaborates this new...
30 June 2023 /retail /wholesale Analytics in Banking
Steve Sabin SVP, Division Executive, Lending at FIS
In challenging times for banks and other commercial lenders, it’s more important than ever for fintech providers to understand how their clients’ requirements are evolving. So, at FIS, we always make it our business to ask. Our recent educational and networking event, Emerald, gave us an excellent opportunity to do just that. And as clients from a...
27 June 2023 /wholesale /predictions Banking and Lending Solutions
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
1. Evolutionary shift of Artificial Intelligence toward Generative AI Rapid advancements in artificial intelligence (AI) and machine learning (ML) techniques – e.g., natural language processing (NLP) and large language models (LLM) capabilities have intensified the wide sways of technology on the functioning of business, government, and soci...
14 June 2023 /wholesale /markets Artificial Intelligence and Financial Services
Mahesh Pawal Portfolio Product Manager, Digital Transformation at Fiserv
Embarking on a once-in-a-lifetime road trip through the vast expanse of Death Valley, you're filled with excitement and a sense of adventure. As you drive along the deserted stretches, a sign ominously declares, "NO GASOLINE STATION FOR THE NEXT 250 MILES.". You're now a little nervous about being so far from civilization. After all, the...
12 June 2023 /retail /wholesale Frictionless Payments
Stan Cowan
Automating Know Your Customer (KYC) and Know Your Business (KYB) checks are vital for payroll service companies. In the fast-paced, ever-evolving world of finance, the role of payroll service companies is more vital than ever. However, with this pivotal role comes the increased responsibility and risk of managing sensitive data. Automating Know You...
07 June 2023 /wholesale /crime Operational Risk Management
RegTech solutions have become increasingly critical for banks looking to accelerate digital transformation initiatives to power operational efficiency and ultimately, growth. While compliance teams value the speed, accuracy and control that RegTech solutions provide, executives see benefits in the efficiency and scalability that is delivered. I
01 June 2023 /regulation /wholesale Innovation in Financial Services
As businesses get digitalized and the era of "Everything Real-Time" kicks in, transaction banking needs to change. More and more banks are aligning their internal systems and processes to address the changing demands of the customer. Corporate Treasury is now looking to play a strategic role and are looking forward to their banks to prov...
24 May 2023 /wholesale Banking Strategy, Digital and Transformation
Sophie Dionnet VP Strategy at Dataiku
Financial institutions are data-driven by nature. All their core processes — including customer suitability assessments, credit allocation decisions, and liquidity buffers management — are dependent on data accessibility and AI models to make the best risk-adjusted business decisions. This data intimacy should give financial services institutions...
17 May 2023 /wholesale Artificial Intelligence and Financial Services
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