Roman Eloshvili Founder and CEO at XData Group
When people think of fintech, the first connection they make is usually with big banks and financial institutions. But we should keep in mind that fintech is much more than that — it’s a blanket term that covers a wide range of services offered by technology companies that focus on finance. Beyond just traditional banking, fintech has become a b...
11 November 2024 /startups /predictions Fintech innovation and startups
Dennis Buckly Fintech Writer/Analyst at House of Ventures
The rapid expansion of artificial intelligence (AI) across industries has left no sector untouched, and fintech is at the forefront of this transformation. With AI driving automation, data analysis, and personalized financial services, fintech professionals must stay equipped with cutting-edge knowledge to remain competitive. Leveraging the right ...
10 November 2024 /ai
Erica Andersen Marketing at smartR AI
Introduction A recent Apple publication argued that Large Language Models (LLMs) cannot effectively reason. While there is some merit to this claim regarding out-of-the-box performance, this article demonstrates that with proper application, LLMs can indeed solve complex reasoning problems. The Initial Experiment: Einstein's Puzzle We set out to
10 November 2024 /ai Artificial Intelligence
Julia Khandoshko CEO at Mind Money
In recent months, gold has reached unprecedented highs, hitting an ATH of $2,788. Buying physical gold is comparatively challenging, entailing inherent risks with storing and keeping it in good condition. To exclude any dangers, investors are increasing their demand for gold ETFs as a more convenient option for investments in yellow metal. At the...
09 November 2024 /wealth
Dmytro Spilka Director and Founder at Solvid, Coinprompter
As we approach the festive season, fintech innovation appears set to deliver a timely boost to retail stocks as Wall Street prepares for a softer outlook for consumers. The impact of lingering high inflation rates and historically higher interest rates have compounded to create a series of spending shortfalls for consumers who would usually be ge...
08 November 2024 /payments
Ben O'Brien Managing Director at Jaywing
Modern credit risk management now leans significantly on predictive modelling, moving far beyond traditional approaches. As lending practices grow increasingly intricate, companies that adopt advanced AI and machine learning gain a sharper edge in understanding and managing risk. Below, my colleague Nick Sime, Director of Fraud & Credit Risk M...
07 November 2024 /ai
Eimear Oconnor COO at Form3 Financial Cloud
In today’s 24/7, always-on business culture, consumers demand that critical payments infrastructure is fit-for-purpose. We live in a world where we expect banking transactions to be seamless and fast, especially as we balance the management of both our professional and private lives on the move. If, unfortunately, payments systems do go do
07 November 2024 /payments /cloud
Karla Booe Chief Compliance Officer at Zeta Services Inc.
Artificial intelligence (AI) has been used in banking for decades now. AI-assisted decision-making, machine learning-led automation, and chatbots, have all been around and found their place in making banking more efficient and scalable. What’s changed is the sophistication of our computing power and, of course, Gen AI. 2023 saw a series of AI-f...
07 November 2024 /ai /regulation Artificial Intelligence and Financial Services
Prashant Bhardwaj Innovation Manager at Crif
The recent victory of Donald Trump in the 2024 presidential election has sent ripples through various sectors, with the finance and banking industries poised for significant changes. As Trump embarks on his second term, his policies could influence everything from foreign investment inflows to technological innovations in banking. This article ex
07 November 2024 /ai /predictions Digital Bank Transformation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The UK Government’s introduction of the "Failure to Prevent Fraud" offence under the Economic Crime and Corporate Transparency Act 2023 marks a significant milestone in the fight against corporate fraud. This new offence places a legal obligation on large organizations to actively prevent fraud by their employees, agents, or subsidiarie...
06 November 2024 /regulation /crime Fintech
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