Erica Andersen Marketing at smartR AI
Conversational AI and Document Querying: A Path to Business Benefit, Data Control, and Cost Management In the digital age, financial institutions are constantly seeking new ways to leverage technology for extracting valuable insights from their data. The rise of conversational AI and document querying has stirred excitement among financial profess...
13 August 2024 /ai /devops Analytics in Banking
Software ownership has undergone an interesting evolution. Traditionally, software producers retained ownership, through licensing or the use of Software as a Service (SaaS). However, the AI era provides an opportunity to bring about a significant shift. A key difference in the AI era is the increasing customization of software for individ
12 August 2024 /ai /security Artificial Intelligence and Financial Services
Alex Kreger Founder & CEO at UXDA
The integration of AI into banking is poised to dramatically transform the industry within the next five years, driven by the breakthrough success of technologies like ChatGPT. This change is necessitated by the limitations inherent in human capabilities. As we gaze into the future, the disruptive potential of AI becomes evident, promising to revo...
09 August 2024 /ai /retail Innovation in Financial Services
Steve Morgan Banking Industry Market Lead at Pegasystems
In today’s rapidly evolving financial landscape, cloud migration and the integration of advanced digital technologies are reshaping how banks operate. For example, many banks are moving their banking systems to cloud-based platforms and adopting technologies like machine learning and artificial intelligence (AI) to enhance customer service and str...
08 August 2024 /ai /cloud Artificial Intelligence
Susie MacKenzie Head of Legal and Regulatory Analysis at Corlytics
Growing focus on AI regulation The digitisation of society and industry continues to accelerate at an unprecedented rate. AI is opening the door to advances right across society, from healthcare to agriculture. Financial institutions are integrating and exploring AI models across the board, in areas such as cybersecurity, risk management and AML p...
06 August 2024 /ai /regulation
Ashish Pandey Marketing Head at RichestSoft
How Much Does it Cost to Build an AI System? Building an AI system can be a transformative move for businesses. However, it involves various costs that can vary greatly depending on the type of business and the complexity of the AI system. As per my research and experience, I will break down the costs involved in building an AI system for dif
06 August 2024 /ai Artificial Intelligence
Gabriel Hopkins Chief Product Officer at Ripjar
Through complex algorithms, Generative AI (GenAI) has been reshaping how we create content, including imagery, music, text, and video; greatly simplifying data processing and task performance. This technological advance not only saves time, effort, and money but is also a game-changer in enhancing operational efficiency and fostering innovation ac...
05 August 2024 /ai /regulation Exposing Financial Crime
Steve Wilcockson Product Marketing at Quantexa
Data Fabric: The Origination Story Throughout my career, enterprise data management paradigms have come and gone. Let’s briefly trawl some data management history to understand how data fabric emerged. Popular data management paradigms include: Data Warehouse Data Lake ETL, i.e. Extract, Transform, Load ELT, i.e. Extract, Load, Transform Data Lake...
05 August 2024 /ai /regulation Data Management and Governance
Luke Allchin Director - North America at RFI Global
Artificial Intelligence (AI) has made significant inroads across a wide range of industries, revolutionizing the way businesses operate and interact with consumers. From healthcare to retail, AI's ability to process vast amounts of data and create meaning has given way to new efficiencies and enhanced user experiences. The banking sector, a corner...
05 August 2024 /ai /retail Artificial Intelligence
Saurabha Sahu Senior Solution Consultant at Wipro Limited
Any new technology advancement comes with benefits as well as challenges attached. Financial industry always maintains a follower strategy, accepting a NextGen solution. However, there are some non-impacting financial use cases which can influence customers in terms of behavior and sentiments through the current NextGen technology (Gen AI). In th
03 August 2024 /ai /inclusion Artificial Intelligence and Financial Services
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