182 Results from 2023, /predictions
Neil Glover Senior Director, Customer Solutions at Quantanite
Thankfully it looks like the UK has dodged a 2023 recession. Things were certainly bleaker at the end of 2022 when The Economist was not asking if there would be a recession, they were just asking how bad it is going to be. Although interest rates have been going up, it also looks like there will be more home loans. Mortage lending is expected t...
06 June 2023 /retail /predictions Banking Strategy, Digital and Transformation
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
In the push to deliver more meaningful customer experiences, the role of data has gained increasing importance in the last few years. Wholesale transformation continues to unfold across the industry and as the role of digitisation continues to evolve and consumer needs increase in complexity, data is being used as a golden nugget to drive meaningf...
06 June 2023 /retail /predictions
Alex Kreger Founder and CEO at UXDA Financial UX Design
There's no doubt about the huge potential and possibilities of ChatGPT alike generative Artificial Intelligence (AI) in digital banking and conversational banking in particular. AI is already used in digital banking to improve the customer experience, automate processes, and reduce the risk of fraud. But the hyper-personalization of banking opens ...
05 June 2023 /markets /predictions Artificial Intelligence and Financial Services
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Generative artificial intelligence (AI) has the potential to revolutionize the banking industry, offering numerous benefits such as Enhanced customer experience Streamlined operations Fraud Detection and Security Predictive Analytics and Decision-Making However, the implementation of generative AI is not without its challenges. Banks, operati...
02 June 2023 /retail /predictions Banking
Daniel Schlaepfer CEO at Select Vantage Inc
The application of artificial intelligence to financial markets has been making the headlines in recent weeks. Each day we see new articles about the countless and evolving use cases of chatbots and machine learning for trading and other varieties of capital allocation. But I’ve long thought that the only thing more interesting than the capabiliti...
31 May 2023 /markets /predictions Artificial Intelligence and Financial Services
Leslie Kanthan CEO at TurinTech
The utilisation of artificial intelligence (AI) has been progressively gaining importance in various businesses, including retail banking. AI offers a multitude of benefits in this industry, such as enhancing customer service and detecting fraudulent activities. Given the intensifying competition in the field, it is crucial for executives to recog...
31 May 2023 /retail /predictions Artificial Intelligence and Financial Services
Lucy Heavens VP Marketing at Hokodo
There is no denying that wallets are tightening this year. To thrive in this competitive environment, merchants need to offer their business-to-business (B2B) buyers every possible convenience. This is especially true for the rising wave of Gen-Z and Millennial buyers who cringe at the idea of sales over the phone. They want a seamless digital ex...
30 May 2023 /payments /predictions BNPL
Steve Sabin SVP, Division Executive, Lending at FIS
Ever since its launch in November 2022, OpenAI’s text-generating artificial intelligence (AI) chatbot, ChatGPT, has been making headlines as a revolutionary technology. But with business use of AI growing all the time, what makes ChatGPT and other so-called generative AI tools such good news for commercial lending? The story so far Previous incarn...
25 May 2023 /markets /predictions Artificial Intelligence and Financial Services
Retired Member
Even the most challenging economic times come with opportunities to grow. But as gaps open for asset finance providers in the current market, it’s more important than ever to understand the risks that growth could bring, too. Right now, there are chances to be seized. With unsecured lenders increasingly losing their credit risk appetite, asset fina...
Yuriy Gnatyuk COO at Kindgeek
With a recent AI breakthrough captivating the world's attention, the momentum of the AI market penetration shows no signs of slowing down and steadily paves its way through 2023 with the introduction of GPT-4 and Bard. According to industry reports, the global market for AI is expected to surpass $521.3 billion by 2028, exhibiting a remarkable co...
25 May 2023 /retail /predictions Artificial Intelligence and Financial Services
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