207 Results from 2024, /ai
Erica Andersen Marketing at smartR AI
The rise of large language models (LLMs) and other AI systems has created an insatiable demand for data. While these models offer incredible potential, their hunger for data presents a significant challenge for enterprises striving to maintain data privacy. We also need to see data privacy within the whole data is power context to guarantee a long
04 November 2024 /ai /security Artificial Intelligence and Financial Services
Kaustuv Ghosh CEO at Nxtgen Payment Infra
Digital customer engagement has long been a white space. Let us look at how this may become-once again-a revenue driver for brands. Quite a bit is being written about how AI-enabled agents can do everything and the future is “agentified”. The truth is more nuanced. Certainly, the user interfaces that been around for a long time are less than satis...
03 November 2024 /ai /startups Artificial Intelligence and Financial Services
Ellison Anne Williams CEO at Enveil
It takes only a quick scan of daily media headlines to know we are collectively riding a wave of artificial intelligence. But, for all the benefits that come with AI — and there are many — there is also a downside to consider, especially in the business arena. While AI is helping make financial institutions smarter, faster, and more efficient, it ...
30 October 2024 /ai /security Artificial Intelligence and Financial Services
Vinothkumar Kolluru Senior Data Scientist at Fractal Analytics
The current trend in the financial services industry is using AI technology, which enhances the services provided. Rivalry within the industry forces companies to seek more efficient marketing strategies while maintaining decent customer relationships as they shift their focus from traditional to modern strategies. Investments in AI technologies e...
30 October 2024 /ai /startups Artificial Intelligence and Financial Services
Retired Member
If we look in the rearview mirror, the last few years have really not been particularly good for the insurance sector. The fact that combined ratios are over 100% means that the underwriting performance has not been good and that businesses are effectively making a loss purely from the underwriting and the premiums that they are collecting. Of cou...
29 October 2024 /ai Digital Insurance Trends
Despite the bigger is better AI hype, real techies, not tech bro's for show, are sticking to our instincts, because those LLM hallucinations are not going away are they? The pursuit of perfection is not going to come from a competition stifling Big Bucks Big Tech cartel, but rather a collaboration of real people sharing ideas for good - which mea
28 October 2024 /ai /sustainable Artificial Intelligence and Financial Services
Prashant Bhardwaj Innovation Manager at Crif
Generative AI is set to reshape how banks engage with customers by 2025. With investments in generative AI expected to hit $1.68 billion globally, banks must adapt to remain competitive. Hyper-Personalization Potential Generative AI enables hyper-personalized services, offering financial advice and product recommendations tailored to individual pr
26 October 2024 /ai /predictions Artificial Intelligence
Matt Riggall Head of Commercial Lending Vertical, Cap. Markets at FIS
In my previous opinion piece, I wrote about how generative AI will transform commercial lending, a view on the near-term use cases of this technology as an assistant to the daily life of Relationship Managers. As generative AI grows more advanced, our interactions with these systems are evolving into something far richer and more collaborative. ...
26 October 2024 /ai /predictions
Anna Antimiichuk Head of Communications, PhD at Corlytics
As the digital age matures, organisations across the globe are embracing artificial intelligence (AI) as a major driver of innovation. However, as AI evolves at a breakneck pace, with its increasing role in business strategy, operations, and governance, a critical question has surfaced: do companies already need a dedicated Chief AI Officer to ove...
25 October 2024 /ai /regulation Artificial Intelligence and Financial Services
Steve Morgan Banking Industry Market Lead at Pegasystems
In the ever-evolving landscape of the banking sector, the pressure to stay ahead of technological advancements while maintaining robust, secure services is a constant challenge. A significant aspect of this evolution is the overhaul of legacy platforms. As banks adapt to meet modern demands such as enhanced digital user experiences, streamlined pr...
23 October 2024 /ai /retail Banking
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