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Artificial Intelligence and Financial Services
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Erica Andersen Marketing at smartR AI
Compliance and AI regulations (like DORA, the EU AI Act and GDPR) are increasingly being seen as holding Europe back in AI uptake and innovation. Without getting into a can of worms that has a counter-argument that these regulations can actually benefit Europe in the long run, let us look at how new legislation can shape AI in the banking sector. ...
13 January 2025 /ai /regulation
Kaustuv Ghosh CEO at Nxtgen Payment Infra
Overseas citizens are a key consituent from a banking and financial services point of view. They are uniquely reliant on a single credential and travel document-the passport. Matthew Lamons and I have been discussing the importance of the passport and how it’s unique functions deserve a closer look for transformation. The passport is an all-import...
06 January 2025 /ai /inclusion
There is a different way, contrary to the big is better AI campaign of the big cartel, so obviously eager to control every industry along with people and planet. Limitless cash despite the lack of revenue and deafening government silence and compliance, suggests tech, like financialisation, has become to big for its boots. This cartel is killing
06 January 2025 /ai /sustainable
Steve Wilcockson Technical Product Marketing at Quantexa
I've had something of an eye for predicting change related to quant, fintech and computing trends, e.g. open source, data science, languages, risk/governance, perils and pitfalls of big data, stress testing, etc. Sometimes folk listened, other times not, and I was occasionally encouraged to make some sanitized corporate-friendly predictions public...
06 January 2025 /ai /predictions
Dhiraj Sharma Senior Consultant at TCS
Impersonation scams, also known as imposter scams, represent one of the most prevalent and effective strategies employed by fraudsters to deceive their victims. These scams often involve the perpetrator posing as a trusted individual or organization, such as bank representatives, law enforcement officers, or even family members, in order to manipu...
25 December 2024 /ai /crime
Eldad Tamir Founder and CEO at FINQ
Did you know that only 24% of Millennials demonstrate basic financial literacy? Understanding how to manage money is more critical than ever, especially for young investors starting their financial journey. Financial literacy can mean the difference between retiring early or working late in life. It’s one of the most valuable subjects to prioritiz...
22 December 2024 /ai /markets
Sanjeev Nargotra Senior Consultant at Tata Consultancy Services
Touted as the next big thing, if not already one, AI has pushed business leaders across industry segments to put AI on top of their strategic priorities. Over the past year, I tried to fathom the frenzy, reality and impact of AI, especially in the Banking and Financial Industry. While many organizations are keen to adopt AI for driving business gr...
22 December 2024 /ai /retail
I recently had the privilege to speak to Lord Christopher Holmes of Richmond (‘Lord Holmes’), Britain’s most successful paralympic swimmer and the creator of the Artificial Intelligence (Regulation) Bill currently making its way through the houses of parliament, to find out: what’s new in the world of AI regulation? Backpedalling on Pro
16 December 2024 /ai /regulation
Dan Reid Founder & CTO at Xceptor
No reflection on the state of capital markets in 2024 would be complete without referencing the transformative influence of data automation and artificial intelligence (AI). The unbridled enthusiasm of recent years, where AI was seen as a universal solution to nearly all problems, gave way to a more focused and pragmatic approach. Firms instead be...
16 December 2024 /ai /markets
In recent years, the world has witnessed the rise of a powerful cartel of tech giants, each vying for control over every industry, including financial services. Their "big is better" approach to artificial intelligence (AI) has led to a proliferation of large language models (LLMs) that guzzle energy and resources, suffocating main stre
15 December 2024 /ai /sustainable
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