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Artificial Intelligence and Financial Services
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Alex Kreger Founder and CEO at UXDA Financial UX Design
Banks are rushing to integrate AI into their digital ecosystems, promising hyper-personalization, frictionless experiences, and advanced financial guidance. But what if the real consequence of AI adoption is the death of differentiation for banking brands? AI Will Flatten the Competitive Landscape In the near future, the banking industry will unde...
07 February 2025 /ai /retail
Katherine Chan CEO at Juice
Having spent over 2 decades in banking and financial services, I have seen how financial models evolve, but never at the speed seen today. AI is reshaping credit risk assessment, offering a more effective approach to evaluating businesses that operate outside conventional frameworks. SMEs, particularly digital-first companies, have long faced barr...
07 February 2025 /ai /startups
Steve Wilcockson Technical Product Marketing at Quantexa
What Just Happened? The pace of change and events this last two weeks has been bewildering. I have below summarized what just happened with links to social posts with deeper insights, and also described how financial services need to react. DeepSeek launched their LLM to great acclaim. So too did Alibaba with their new Qwen model. However, DeepSe...
03 February 2025 /ai /regulation
Eldad Tamir Founder and CEO at FINQ
The recent market reaction to DeepSeek’s announcement was a classic case of short-term panic versus long-term fundamentals. Nvidia and other AI-related stocks saw a sharp selloff, wiping out $600 billion in market value in just days. But was this reaction based on reality—or was it fear-driven trading at play? Understanding the real impact of Dee...
02 February 2025 /markets
Erica Andersen Marketing at smartR AI
In today's rapidly evolving business landscape, the financial sector is increasingly leveraging the power of AI and smart data solutions to gain a competitive edge. These technologies are revolutionizing how businesses operate, from optimizing internal processes to enhancing customer experiences. AI and Smart Data: A Powerful Combination Artific
02 February 2025 /ai
Stu Bradley Sr. VP of Risk, Fraud and Compliance Solutions at SAS
As Data Privacy Week brings the protection of one’s personal information into sharp focus, I’m reminded of a customer event a major North American bank hosted at SAS world headquarters last year. The bank’s chief data officer led a roundtable discussion with a group of esteemed data and AI experts on the topic of generative AI, centered on the te...
30 January 2025 /ai /regulation
The new buzzword in the AI hype machine is Agentic AI and CTO's and data professionals are right to be cautious! The shift in terminology from "Small Language Models (SLMs)" to "Agentic AI" does seem like a bit of a marketing makeover. While there are some genuine advancements behind it, it's important to see through the hype.
30 January 2025 /ai /security
With all the hype over agentic AI and the cartel's bigger is better for business thinking, the disruptive power of Small Language models continues to go under the radar. Small Language Models (SLMs) are poised to revolutionize the way businesses interact with Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems. By
26 January 2025 /ai /predictions
Devendra Singh Parmar Independent Researcher
Artificial Intelligence (AI) has become a transformative force across various industries, and banking is no exception. The emergence of AI agents—intelligent virtual assistants powered by natural language processing (NLP), machine learning, and advanced data analytics—has revolutionized customer interactions and redefined how financial services a
15 January 2025 /ai /people
Compliance and AI regulations (like DORA, the EU AI Act and GDPR) are increasingly being seen as holding Europe back in AI uptake and innovation. Without getting into a can of worms that has a counter-argument that these regulations can actually benefit Europe in the long run, let us look at how new legislation can shape AI in the banking sector. ...
13 January 2025 /ai /regulation
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