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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Serhii Bondarenko

Serhii Bondarenko Artificial Intelegence at Tickeron

What are the Tax Implications for Making a Profit (or Loss) On a Stock?

Investing in stocks can be a rewarding endeavor, but it's crucial to understand the tax implications of making a profit or incurring a loss on your investments. This article aims to provide insights into the tax considerations associated with stock investments and how they can impact your overall tax liability. Taxation of Stock Gains When you sel...

/inclusion /crime

Ellen Roberson

Ellen Roberson Global Marketing Advisor, Risk, Fraud & Compliance at SAS

Generative AI vs. Fraudsters: How GenAI will reshape fraud fighting

Like nearly everyone else, anti-fraud professionals are anxious to put artificial intelligence (AI) to work – especially generative AI (GenAI). In fact, 8 in 10 (83%) of fraud fighters expect to add GenAI to their arsenals within the next two years, according to the 2024 Anti-Fraud Technology Benchmarking Report by the Association of Certified Frau...

/retail /crime

Iain Swaine

Iain Swaine Director EMEA, Global Advisory at BioCatch

AI’s Impact on Digital Fraud and Financial Crime

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in BioCatch's first-ever AI-focused fraud and financial crime report say criminals are more adept at using artificial intelligence to commit financial crime than banks are at using the technology to stop it. Equally concerning, around half of ...

/regulation /crime

Benjamin Avraham

Benjamin Avraham Founder & CEO at Okoora

Overcoming Cultural and Technical Challenges in Automating Currency Risk Management

With a turnover of more than $7 trillion per day, the global foreign exchange market provides a challenging backdrop for businesses engaged in international trade. This is a highly volatile environment, with currency prices fluctuating based on factors such as geopolitics, major world events, and the macroeconomic health of the countries whose cu...

/payments /startups

Roman Eloshvili

Roman Eloshvili Founder and CEO at XData Group

AI is the perfect tool for banks to remain competitive with fintechs

Banks are becoming outdated today, especially with the rapid rise of the fintech sector that aims to provide a more efficient, cheaper, and user-centric alternative to conventional financial services. Based on Statista’s data, neobanks in Europe had an 11.1% market share in the banking industry, while their US-based counterparts accounted for 15....

/payments /retail

Eldad Tamir

Eldad Tamir Founder and CEO at FINQ

Data analytics in stock selection: Unlocking market potential

In the rapidly evolving stock market, the clarity and insights provided by data analytics have transformed investment strategies. This advancement offers investors a new level of understanding, turning the complexities of the market into opportunities for strategic investment. Understanding data analytics Data analytics has revolutionized the way...

/startups /markets

Eldad Tamir

Eldad Tamir Founder and CEO at FINQ

Harnessing real-time market data for informed investment decisions

The financial landscape is constantly evolving, driven by technological progress and an ever-growing influx of information. This shift highlights the crucial role of real-time market data in making informed investment decisions. Access to up-to-the-minute market information provides investors with a competitive advantage, enabling them to respond ...

/startups /markets

Retired Member

Retired Member 

Beyond the buzzword: applications of Generative AI across Banking and Financial Services

Throughout history, radical new ideas have always been the catalyst for profound change. From a technology perspective, the events that have shaped the world the most are the invention of an innovative new solution. In the early 1980s, the launch of the internet and the ensuing era of big data changed the state of play for global business forever. ...

/retail

Eldad Tamir

Eldad Tamir Founder and CEO at FINQ

The essentials of long-term investing: strategies for sustainable wealth

Understanding your investment time horizon—the period you plan to hold an investment—is crucial. This timeframe varies among investors, shaped by their goals, circumstances, and strategies. Long-term investing, often associated with retirement savings, focuses on retaining assets to capitalize on their potential long-term growth. It contrasts with ...

/startups /markets

Retired Member

Retired Member 

Banking on digital: AI’s impact on the future of financial services

Today, around 46 million UK adults (86% of the country’s adult population) use a form of online or remote banking. As branches and physical are phased out, banks must now differentiate themselves through a strong digital customer experience. Here, AI technology looks set to form a key part of the future. Research from The Economist found that “77%...

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