207 Results from 2024, /ai
Prasenjit Das Senior Director at Virtusa
The publication ‘The rise of artificial intelligence: benefits and risks for financial stability by ECB’ gives a view with some deep fundamental insight into the hottest star around – AI. It touches on the conceptual aspects and more importantly acknowledges the evolving aspect of the scientific understanding of the technology itself & thus t
17 November 2024 /ai Artificial Intelligence and Financial Services
Alex Kreger Founder and CEO at UXDA Financial UX Design
Banks have always been at the forefront of data collection. With advancements in artificial intelligence (AI) and emotional analytics, banks are poised to leverage this wealth of data to detect and respond to customers' emotional states, ushering in a new era of personalized banking experiences. This development has the potential to revolutionize ...
13 November 2024 /ai /retail Innovation in Financial Services
Teo Blidarus CEO and Co-Founder at FintechOS
Agentic AI - technology that autonomously achieves user-set goals - isn't just an advancement; it's a necessary evolution for firms looking to stay competitive amidst constantly shifting industry standards. Unlike traditional AI, which requires human intervention, agentic AI adapts independently, processing real-time data to drive optimal outcomes...
Retired Member
The rapid expansion of artificial intelligence (AI) across industries has left no sector untouched, and fintech is at the forefront of this transformation. With AI driving automation, data analysis, and personalized financial services, fintech professionals must stay equipped with cutting-edge knowledge to remain competitive. Leveraging the right ...
10 November 2024 /ai
Erica Andersen Marketing at smartR AI
Introduction A recent Apple publication argued that Large Language Models (LLMs) cannot effectively reason. While there is some merit to this claim regarding out-of-the-box performance, this article demonstrates that with proper application, LLMs can indeed solve complex reasoning problems. The Initial Experiment: Einstein's Puzzle We set out to
10 November 2024 /ai Artificial Intelligence
Ben O'Brien Managing Director at Jaywing
Modern credit risk management now leans significantly on predictive modelling, moving far beyond traditional approaches. As lending practices grow increasingly intricate, companies that adopt advanced AI and machine learning gain a sharper edge in understanding and managing risk. Below, my colleague Nick Sime, Director of Fraud & Credit Risk M...
07 November 2024 /ai
Karla Booe Chief Compliance Officer at Zeta Services Inc.
Artificial intelligence (AI) has been used in banking for decades now. AI-assisted decision-making, machine learning-led automation, and chatbots, have all been around and found their place in making banking more efficient and scalable. What’s changed is the sophistication of our computing power and, of course, Gen AI. 2023 saw a series of AI-f...
07 November 2024 /ai /regulation Artificial Intelligence and Financial Services
Prashant Bhardwaj Innovation Manager at Crif
The recent victory of Donald Trump in the 2024 presidential election has sent ripples through various sectors, with the finance and banking industries poised for significant changes. As Trump embarks on his second term, his policies could influence everything from foreign investment inflows to technological innovations in banking. This article ex
07 November 2024 /ai /predictions Digital Bank Transformation
Raj Bakhru CEO at BlueFlame AI
Today’s finance leaders are increasingly tasked with privacy, security, and compliance concerns, particularly those in financial services firms as they race to harness the potential of generative AI for efficiency and productivity and elicit the most benefit. AI now presents these leaders with a new slate of concerns and level of complexity as the...
05 November 2024 /ai /regulation
Max Koretskiy Investor, Cо-Founder at Blackshield Capital Group
Where are the opportunities concentrated? They exist where there is great potential for growth and societal value. When developing a product, it's essential to answer two questions: what pain does my product alleviate, and how many people experience this pain? When discussing the value of modern FinTech and WealthTech products, the conversation of...
05 November 2024 /ai /wealth Fintech
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