Community
Artificial Intelligence and Financial Services
As the owner, you will also give up ownership if you leave this group.
Ravi Vasantraj Senior Vice President and Global Head at Mphasis
In the rapidly evolving landscape of modern business, Artificial Intelligence (AI) is a transformative force, which can lead to unprecedented growth and innovation. The global AI software revenue was USD 62.5 billion in 2022, which was an increase of 21.3 percent from 2021, reports Gartner. As more organizations understand the potential of AI, t...
03 October 2023 /security /markets
Rajat Deshpande CEO and Co- founder at FinBox
AI has arrived in our lives — whether you like it or not. We are all knowingly or unknowingly participants in a real-life version of Turing’s imitation game — machine intelligence that is indistinguishable from human behaviour. Generative AI (ChatGPT) is a well-known example. But there are lesser-known AI capabilities powering the world of financ...
03 October 2023 /people /inclusion
Gabriel Hopkins Chief Product Officer at Ripjar
In different regulatory jurisdictions worldwide, adverse media screening is increasingly being used to protect banks and other financial service providers from risk and associated penalties. These systems screen for negative media stories, and flag potential risks to companies such as predicate crime which may be indicative of money laundering or ...
03 October 2023 /regulation /crime
Michael Boukadakis CEO at ENACOMM
"The meteoric rise of data and performance-intensive workloads like generative AI is forcing a complete rethink of how data is stored, managed and processed,” said Nick Patience, senior research analyst at 451 Research, part of S&P Global Market Intelligence. According to S&P Global's new 2023 Global Trends in Artificial Intelligence ...
26 September 2023 /retail /cloud
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight
In the midst of economic uncertainties and emerging challenges, traditional insurance and banking business models face threats that demand adaptation as a necessity rather than a choice. While banks have made some progress in their transformations, they still lack the leadership required to unlock new business and operating models that can restore...
22 September 2023 /retail /predictions
Marie Beau VP COM at Oneup
AI is poised to revolutionize the user experience in any field, including for small businesses in Business Banking. By leveraging cutting-edge technologies and advanced data analytics, the integration of AI by banks, financial institutions, and fintech brings many benefits. It streamlines operations, improving efficiency and, ultimately, delivers ...
13 September 2023 /retail /predictions
Luigi Wewege President at Caye International Bank
In today's banking and fintech landscape, artificial intelligence (AI) is reshaping our industries and redefining the way we conduct business. The banking sector is no exception. Recent headlines, such as Bank of America emphasizing the potential catalysts for AI winners and Oracle promoting AI cloud contracts, signal a seismic shift in the financ...
11 September 2023 /security /retail
Steve Wilcockson Technical Product Marketing at Quantexa
I recently wrote a Finextra piece entitled 3 GenAI Use Cases for Capital Markets; The Power of the Vector. In it, I discussed the increasing importance of the so-called vector database and vectors more generally to a whole range of quantitative finance applications. The term vector database, as I discussed in that piece, carries multiple, overload...
07 September 2023 /startups /markets
Daniel Schlaepfer CEO at Select Vantage Inc
The emerging Artificial Intelligence (AI) boom has already seen a host of applications unveiled as supposedly advanced trading tools. Just this week we’ve seen the launch of Meta Trade Bot (unrelated to the Facebook-owning company), a cloud-hosted auto-trading tool designed to “eliminate human emotion in trading, enhance trading efficiency, and aim...
07 September 2023 /regulation /markets
Retired Member
Despite customers’ concern about banks using AI, they still want to make the most of opportunities the technology offers the banking sector, new research finds. The new research focuses on the innovation led by artificial intelligence (AI) and how it is affecting the experience of the modern banking customer. As we continue to witness the ongoin...
05 September 2023 /retail
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.