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Artificial Intelligence and Financial Services
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Joe Teno Director - Wealth Management Consulting at NTT DATA
Traditional wealth management is, and was, deeply rooted in personal relationships and high-touch services. Advisors and clients often meet face-to-face, building trust over time through personalized advice and meticulous service. This model, while effective for previous generations, is now being challenged as we enter the greatest wealth transfer ...
03 October 2024 /ai /wealth
Erica Andersen Marketing at smartR AI
The artificial intelligence (AI) landscape has experienced rapid evolution in recent years, with investments far outpacing short-term revenue expectations1. This disconnect has led to a complex situation where tech giants and startups alike are facing challenges. Major companies like Cisco, Intel, and Dell have announced layoffs, while numerous
03 October 2024 /ai /people
Retired Member
The adoption of AI/ML in banking is not just a technological advancement; it is a strategic imperative that is reshaping the industry. From personalised consumer banking experiences to efficient commercial operations, AI/ML technologies are driving significant improvements in customer satisfaction, operational efficiency, and financial performance...
27 September 2024 /ai /regulation
Prashant Bansal Sr. Principal Consultant at Oracle
The traditional language of finance can feel like a foreign tongue to everyday banking customers. Tasks like checking balances, initiating transfers, or making credit card payments are simple actions, yet the jargon and procedures used by financial institutions often create a barrier to efficient communication. This becomes even more problematic i...
27 September 2024 /ai /inclusion
Jeremy Takle Founder and CEO at Pennyworth
Artificial Intelligence (AI) is the world’s next transformative technology, offering unprecedented opportunities for productivity and growth. However, instead of embracing the transformative power of AI, some governments are reacting with excessive caution. This is often driven by fear and zero-sum thinking that fails to grasp the massive potentia...
24 September 2024 /ai /regulation
Jakub Piotrowski VP of Product at Bud Financial
Legacy structures as an AI opportunity Having overcome numerous challenges, digital retail banking is in its best-ever state. Online banking, instant transfers, quick onboarding and a variety of products make banking more convenient and accessible than ever before. However, if we dig deeper, we’ll likely discover that underneath the layer of moder...
24 September 2024 /ai /retail
Eldad Tamir Founder and CEO at FINQ
The stock market investing industry is on the brink of significant transformation, driven by rapid technological advancements and changing investor behaviors. Currently, the industry faces challenges such as high fees, lack of transparency, and complex investment products, which create steep learning curves and high entry barriers for young invest...
22 September 2024 /ai /markets
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
“七転び八起き” (Nana Korobi Ya Oki), a famous Japanese proverb that means “Fall down seven times, stand up eight”, a proverb that can be prophetic as we see the recovery of the Japanese Yen from its abysmal performance in past few years. Let me start with a small disclaimer, I am neither an economist nor a financial expert. In fact, I am a techie turned
17 September 2024 /markets /predictions
Today, the world of technology is changing at such a fast rate, with generative AI making huge impacts throughout organizations in terms of productivity and efficiency. The media is filled with negative talk of impending job losses and concerns that humans will be ousted from their work due to the rate of current advances. But is this fact or fic
16 September 2024 /ai /predictions
Luigi Wewege President at Caye International Bank
As we move further into 2024, the pace of innovation in financial services has only accelerated, driven by emerging technologies, shifting regulatory frameworks, and changing client expectations. This past year has seen major breakthroughs that are set to not only reshape the industry but also impact how consumers and businesses interact with fin
16 September 2024 /crypto /predictions
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