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Artificial Intelligence and Financial Services
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Gery Zollinger Head Data Science & Analytics at Avaloq
Adoption of AI technology has come a long way in recent years, especially in the back and middle office of financial institutions where the ability of AI to sort vast quantities of data, automate repetitive processes and accurately identify outliers is particularly valuable. From anti-money laundering to payment fraud prevention, AI is helping fin...
21 February 2023 /regulation /wealth
Steve Morgan Banking Industry Market Lead at Pegasystems
ChatGPT, while getting much attention, is just the beginning of a new era of using a specific category of AI as a tool for organisations to improve their operations and provide better service to customers. Taking a look at the core of its capabilities, the banking sector is one of the industries that stands to benefit most from the emergence of th...
16 February 2023 /devops
Michael Boukadakis CEO at ENACOMM
“In order to fully realize the potential of AI, we have to mitigate its risks,” the White House Office of Science & Technology Policy recently tweeted. “That’s why we’re excited about @NIST’s release of the AI Risk Management Framework…” NIST, formally known as the U.S. Department of Commerce’s National Institute of Standards and Technology, re...
14 February 2023 /security /retail
Anna Becker CEO and Co-founder at EndoTech
The markets weren't kind to hedge funds in 2022 – and if investors weren't paying attention, the media made sure they got the message. “Top hedge funds earned sharply less for clients in 2022,” “Hedge Funds End 2022 On A Sour Note,” and “Hedge funds set to mark worst returns in 14 years” read just some of the headlines. While some investors might...
12 February 2023 /startups
Jose Pierre CEO at Marketware International, Inc.
The world of wealth management is evolving rapidly in response to the changing landscape of technology and investment strategy. As artificial intelligence (AI) technology becomes more powerful and sophisticated, its use in the wealth management space is steadily increasing. As AI technology continues to expand its capabilities and is integrated in...
19 January 2023 /wealth /retail
Dr Boris Rankov Product Head of Digital Advisory & Portfolio at InvestCloud
The past three years have seen pretty much non-stop uncertainty and market turbulence. The pandemic, war, and the battle to keep inflation under control have all been a worry for investors concerned about the impact of volatility, interest rates and inflation on their portfolios. It is no surprise that clients are reaching out to their advisers w...
19 January 2023 /wealth
Oliver Tearle Head of Technology Innovation at The ai Corporation
The payments industry makes extensive use of AI/ML technologies in a wide range of applications – including targeted marketing, process automation and customer profiling. The use of AI and ML in fraud prevention is particularly common, as it enables fraud prevention teams to scour large amounts of transaction data to identify fraudulent behaviour ...
19 January 2023 /payments /predictions
After perpetrating what appears to be one of the biggest Ponzi schemes of all time – out-Madoffing Madoff, as it were – Sam Bankman Fried has been arrested, indicted and will likely serve time. And thank goodness for that. SBF was just the most prominent huckster who took advantage of eager investors in new technology. His criminality, however, sho...
16 January 2023 /regulation /crypto
What good would buying an engine be without a car to put it in? In the context of customer service in retail banking, this would be akin to adopting artificial intelligence without having any customer touchpoints for it to bring to life. In order for a fintech investment to make sense, bank and credit union leaders must integrate AI technology wit...
10 January 2023 /retail /cloud
Retired Member
The financial sector is facing several unprecedented challenges as we head into 2023. The future is uncertain; from political instability and economic uncertainty to technological disruption and changing consumer behaviour, financial organisations are looking for new ways to support customers. While the financial sector has long relied on traditio...
10 January 2023 /retail /predictions
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