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Artificial Intelligence and Financial Services
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Antony Fung Marketing Manager at CJC
AI and Human Expertise Hybrid Is The Optimal Solution Interest in Artificial Intelligence (AI) has skyrocketed. This article consolidates everything you need to know right now, from current developments to how AI is already impacting the financial sector including the AI potential, costs and employment impacts. It concludes AI has massive potentia...
17 May 2023 /cloud /predictions
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight
INSPIRATION FROM RESPONSIBLE AI-USE CASES IN FINANCIAL SERVICES AND RETAIL Pause or accelerate AI-development? Some of the biggest names in tech are calling for artificial intelligence labs to stop the training of the most powerful AI systems for at least six months, citing “profound risks to society and humanity.” Elon Musk was among the dozens of...
10 May 2023 /retail /predictions
Retired Member
Artificial Intelligence (AI) is rapidly changing the way we live, work, and interact with each other. From virtual assistants like Siri and Alexa to self-driving cars, which are getting a lot more buzz post chatgpt, AI is making our lives easier and more convenient. However, the increasing integration of AI into our daily lives also profoundly i
07 May 2023 /people /sustainable
Karin Schreiber Chief Commercial Officer at Sygno
Manually evaluating transaction monitoring models is slow and error-prone, with mistakes resulting in potentially large fines. To avoid this, banks are increasingly turning to automated machine learning. Regulators increasingly expect banks and financial institutions to be able to demonstrate the effectiveness of their transaction monitoring system...
04 May 2023 /regulation /crime
Ivan Heard Global Head of Fraud Solutions at Quantexa
For decades, Companies House has provided frictionless company formation to support the British economy. A job it’s done admirably well; in 2021 the agency saw the highest number of incorporations on record. However, the register has also suffered from data-quality issues and companies being set up to front fraudulent or illicit activities. Recent...
03 May 2023 /regulation /crime
Michael Boukadakis CEO at ENACOMM
“ChatGPT lowers the bar for people using AI,” Charles Morris, Chief Data Scientist for Financial Services at Microsoft, recently said during a Banking Transformed podcast. It's true; this AI chatbot is democratizing artificial intelligence…even if it lacks the “right direction and guardrails” for use as an automated teller in retail banking. Chat...
02 May 2023 /retail /cloud
Victor Martin CMO at SquareRoot
Customer experience encompasses all customer touchpoints with a company, including pre-purchase interactions, the purchasing process, and post-purchase support. With the help of AI, Fintech companies are personalizing financial services need to provide a more customer-centric experience. In this blog post, we will dig into how AI reshapes customer ...
29 April 2023 /people /startups
Simon Thompson Head of Data Science at GFT
In part-one of this blog I examined the new and powerful technology that is ChatGPT. In this second and final part, I explore what best practices are required to make its use as safe and secure as possible. It is pretty clear that we are not going to put ChatGPT back in the bottle. The techniques used to create it are well known, and although the...
20 April 2023 /security
Dorel Blitz VP Strategy & Business Development at Personetics
Banks find themselves thrown “back to the future”. After more than a decade of record-low rates, suddenly higher central bank base rates mean interest rates are on the rise and bank customers are starting to shop around for the best place to park their money. Yet the traditional tactics banks have historically used to retain and grow their custome...
19 April 2023 /retail /cloud
Yes.. I am talking about the AI applications - our myriad AI applications and upcoming ones whispering to humans about what to do…. how to do it…but not about the whisperers who interact with the AI chatbots. According to IDC predictions, the global AI market could reach over $500 billion by 2024 – a more than 50% increase
14 April 2023 /security /regulation
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