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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Tatsiana Kuchminskaya

Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen

How Automated Accounting Software Changes Company Accounting Operations

Businesses spend a lot of time managing expenses, invoicing, preparing reports, and performing other routine tasks. But what if you entrust all these operations to software? Your accounting department will be able to solve more important issues, doing more in less time. We will tell you how to incorporate automated accounting software into your co...

/payments /markets

Andrei Karpushonak

Andrei Karpushonak CEO at Aprimerose

Machine Learning use cases in finance

Does WALL-E use Machine Learning for voice recognition? Before becoming a software engineer, our university president spoke before graduating students during my college time. After many years, I still remember the main idea given by prof Tadeusiewicz: “using a rational approach, we understand particular fields in science already well, yet a lot o

/startups /predictions

Dmitry Dolgorukov

Dmitry Dolgorukov CEO at GiniMachine

AI Tech for Financial Inclusion and Better Marketing: What You Need To Know

The finance industry has long been riddled with criticisms of biased lending. Studies show that minority groups often face discrimination when applying for loans. Usually, this results in higher interest rates or even outright rejection. This way inclusive lending can become another opportunity to differentiate from competitors. However, such a pr...

/sustainable /inclusion

Dmitry Dolgorukov

Dmitry Dolgorukov CEO at GiniMachine

Fintech Developments: How AI and ML Will Impact Finance Next Year

2021 was a year marked by the implementation of the rapid digital transformations that began accelerating when the coronavirus pandemic first hit the world in 2020. Fintech firms and other businesses around the world invested heavily in transforming to meet the needs of the new normal—remote working, social distancing, and a business world changed...

/predictions

Praveen Sharma

Praveen Sharma Head, Banking and Financial Services Practice-N.A at Virtusa

Give Credit to the New Collections Culture

The Federal Reserve Bank of New York has reported that consumer debt reached a record high during the third quarter of 2021, amounting to $15.24 trillion. That's an increase of 1.9%, or $286 billion, from the second quarter of 2021. With the holiday shopping season in full swing, retailers are forecasting strong sales. While this is good news for...

/payments /retail

Diederick Van Thiel

Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight

Game-changers: Harnessing the power of alternative data

The tied-on-points World Championship finale This weekend Verstappen and Hamilton will battle head-to-head for the formula one World Championship. It’s going to be a battle on team strategy, car, and driver performance. A battle fuelled with smart big data strategies and zillions of data from sensors. Formula One is one of the most competitive and...

/cloud /markets

Torben Sauer

Torben Sauer Chief Executive Officer at Conpend

How can automation transform trade finance?

Trade finance supports the movement of goods around the world. It is underpinned by a parallel exchange and review of documents, from letters of credit to bills of lading. While some parts of the supply chain have embraced digitalisation, many stakeholders remain reliant on paper-based documentation. A recent International Chamber of Commerce (IC...

/regulation /predictions

David Villaseca

David Villaseca Global Head of CX, Marketing & Sales at Oracle Financial Services Group

How financial services leaders and HR teams can leverage analytics for strategic partnerships?

According to The Business Research Company, the financial services market—encompassing everything from insurance and payments to lending and money management—is expected to reach $28.5 trillion by 2025. This growth results from companies rearranging their operations and recovering from the impacts of the COVID-19 pandemic. HR teams need to provide...

/people /cloud

Jose Pierre

Jose Pierre CEO at Marketware International, Inc.

Innovations in Payments

Some of the technologies that are changing the payments industry. Blockchain: Pending some of the technological and regulatory hurdles blockchain has great potential. Distributed ledger technology allows for secure, cost-effective, and traceable movement of money. Also, for near-instant, transparent payments, removing complex fee structures. Bloc...

/payments /retail

Wayne Butterfield

Wayne Butterfield Global Head of Intelligent Automation Solutions at ISG

How retail banks can use automation to excel in 2022

It’s been a challenging couple of years for most of us, and banks have come under specific pressures as they adapt to working from home, new and increased security threats and greater pressure to present customers with a seamless and efficient digital and phone-based service. Now, banks are starting to look to the future, and ways in which technol...

/retail /predictions

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