Artificial Intelligence - Long Reads, News, Articles & Research: Finextra

What does the rise of AI agents mean for you at work?

Fintech has emerged as a leading sector at the forefront of AI adoption and automation. But recently, there has been some confusion about what agentic AI is, and how AI agents can be effectively put to use on both routine and complex tasks. Last month, we looked at how Citi GPS is using cutting-edge agentic AI, which it has dubbed the ‘do it for m...

14 February 2025 /ai

Hamish Monk Senior Reporter at Finextra

Generative AI: A new age of banking

Artificial intelligence (AI) is no longer just a buzzword – it is essential to financial services’ development. The keys to unlocking this nascent technology’s full potential are relevant applications and concrete use cases. To identify what these use cases are, we must look beyond the hype. To find out more, Finextra spoke with Temenos’ chief pro...

11 February 2025 /ai

What to expect from the AI Action Summit in Paris

Dominique Dierks Senior Content Manager at Finextra

What to expect from the AI Action Summit in Paris

On 10 and 11 February 2025, France will host global heads of state and government, CEOs, academics, and many more in Paris at the Artificial Intelligence (AI) Summit. For two days, these AI leaders will discuss five main themes, including: Public interest in AI, The future of work, Innovation and culture, Trust in AI, and Global AI governance. Wh...

07 February 2025 /ai

Charlotte Crosswell Chair at Centre for Finance, Innovation and Technology

UK policy and the power of data in 2025

The Centre for Finance, Innovation and Technology (CFIT) brings together experts from various fields, including finance, technology, academia, and policy-making, to focus on specific issues hindering fintech growth. CFIT's Chair, Charlotte Crosswell, shares her predictions for 2025. Innovation in financial technology is a fundamental prerequisite ...

05 February 2025 /ai

DeepSeek: What can this open-source AI leader do for fintech?

Madhvi Sonia Head of Content at Finextra

DeepSeek: What can this open-source AI leader do for fintech?

Chinese LLM developer DeepSeek has the potential to forge more efficient, secure and personalised financial services at a fraction of their current costs. Reuters reported this week that while Europe has struggled to keep pace with the US in regards to AI, a low-cost LLM alternative could help democratise this technology. Bernstein analysts have e...

03 February 2025 /ai

Hamish Monk Senior Reporter at Finextra

How can banks automate effectively?

Automation in financial services encapsulates a range of tools and techniques which have the effect of reducing human intervention in business and information technology (IT) processes. On the business side are repetitive tasks that hobble workflows. It is estimated that companies lose 20-30% of their revenue to such inefficiencies every year. Au...

28 January 2025 /ai

How AI is transforming financial services with metadata extraction

Perry Rotella Managing Director, Financial Services at Box

How AI is transforming financial services with metadata extraction

Throughout my career, I have witnessed several significant fintech advancements. However, none have been as groundbreaking as the current artificial intelligence (AI) revolution and its impact on managing unstructured data. This is much more than just another tech trend – it redefines how businesses handle information across financial services. Th...

21 January 2025 /ai

Data usability in model training: GenAI tools provide solutions

Sehrish Alikhan Reporter at Finextra

Data usability in model training: GenAI tools provide solutions

In the new digital age, data is currency. For technology, software processing, cloud computing, and everything beyond, data is essential. However, with the boom of new technology and the emergence of artificial intelligence (AI), the sheer amount of data available has become overwhelming. In the banking sector, companies need to be able to organis...

20 January 2025 /ai

US AI regulation state by state: Impact and strategies for financial services

Madhvi Sonia Head of Content at Finextra

US AI regulation state by state: Impact and strategies for financial services

AI has been a transformative force across various industries, with financial services being one of the early adopters. The integration of AI in financial services has evolved significantly over the past few decades, from basic algorithmic trading and fraud detection to more sophisticated applications like generative AI. The rise of tools such as C...

18 December 2024 /ai

Sehrish Alikhan Reporter at Finextra

How can AI become more sustainable?

Artificial intelligence (AI) has become a hot topic in the past year, and it is set to skyrocket in usage in the coming years. Every financial organisation is racing to implement AI technology into their services, and every business and social media network is priming for AI integration. This is an excerpt from The Future of AI in Financial Servi...

17 December 2024 /ai

What is agentic AI, and why should banks or customers care?

Scott Hamilton Contributing Editor at Finextra Research

What is agentic AI, and why should banks or customers care?

You’ll soon be hearing a lot about agentic AI, if you haven’t already. The World Economic Forum defines and explains agentic AI and its impact in a recent article on the topic, noting how this discipline/approach/tool “will transform” the financial services industry. “Agentic artificial intelligence (AI) goes beyond generative AI (GenAI) by enabli...

16 December 2024 /ai

What is the global AI legislative outlook?

Dominique Dierks Senior Content Manager at Finextra

What is the global AI legislative outlook?

The EU AI Act made history as the world's first AI legislation when it entered into force in August 2024. We have now entered a 24-month transitional period during which delegated legislation, guidelines, and standards are being drafted and published across all EU member states. The regulatory framework is designed to identify varying levels of ri...

16 December 2024 /ai

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