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Artificial Intelligence and Financial Services
In the cost-of-living crisis, every penny counts. With mortgage rates at their highest level in 15 years, and 1.3 million households missing or defaulting on bills last month, banks are facing an unp...
The potential risks and rewards of GPTs (Generative Pre-trained Transformers) such as OpenAI's GPT-4 in financial services have been much debated. Yet regardless of opinion, one point is indisputable:...
Financial services firms are using Artificial Intelligence (AI) and Machine Learning (ML) more and more heavily. The latest research from The Bank of England and Financial Conduct Authority, for exam...
The goalposts moved in capital markets with the launch of ChatGPT. I'm not the first to say that, and some will say I'm a hype monkey. However, I believe it and events like this don't happen everyday....
In this article, I aim to shine a light on the application of artificial intelligence and machine learning to enhance investment accounting capabilities. How is Artificial Intelligence Used in Investm...
The possible applications of generative AI have been explored by many in recent weeks. However, one major unexplored topic is how fraud analysts can use data created by generative AI to augment and im...
It could be argued that Open Banking hasn’t yet lived up to its potential. Although seven million people and businesses used Open Banking systems in January of this year, that is still a small percen...
Americans have warmed up to virtual assistants in the wake of the pandemic, when many services had to be reimagined as digital alternatives. According to an Ipsos poll of 2,010 U.S. adults, 69 percen...
In the ever-evolving landscape of technology, digital twins have emerged as a fascinating concept with tremendous potential. Digital twins are virtual replicas of physical objects, processes, or syste...
Artificial Intelligence (AI) and Machine Learning (ML) technologies have witnessed exponential growth in recent years, revolutionising various sectors. However, with great power comes great responsibi...
1. Evolutionary shift of Artificial Intelligence toward Generative AI Rapid advancements in artificial intelligence (AI) and machine learning (ML) techniques – e.g., natural language processing ...
Can machines really take the place of humans when it comes to building trust? And what does this mean for financial services, and in particular, wealth management? “This is the world now. Logge...