Aleksandra Kitina Head of Marketing at COLIBRIX
Artificial Intelligence (AI) has emerged as a game-changer in the financial services industry, revolutionising traditional banking practices and unlocking new opportunities for innovation and efficiency. In this article, we explore the transformative impact of AI on various facets of financial services and its potential to reshape the future of ba...
22 July 2024 /ai Artificial Intelligence and Financial Services
Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle
There’s a new subset of artificial intelligence/machine learning (ML) that are taking over news feeds called Generative AI aka Gen AI. As compared to where traditional ML model output predicts, classify or cluster, Gen AI as the name suggests aims to create new content like text, video, audio, image, or code from the training data. Encouraged by...
22 July 2024 /ai /crime Artificial Intelligence and Financial Services
Jose Pierre CEO at Marketware International, Inc.
As we navigate an era marked by rapid technological advancements and shifting economic dynamics, the wealth management industry finds itself at a pivotal juncture. The traditional models of wealth management are being upended by digital transformation, generational wealth transfers, and heightened regulatory scrutiny. To stay competitive, wealth m...
19 July 2024 /ai /wealth Artificial Intelligence and Financial Services
Ruban Phukan CEO & Co-Founder at GoodGist
Did you know that 95% of Microsoft's commercial revenue comes from its partner ecosystem? This success hinges on effectively enabling a critical group within that ecosystem: long-tail partners. Long-tail partners refer to a large group that contributes a smaller but still significant portion of the overall revenue of their head company to whom the...
17 July 2024 /ai /markets Fintech
Erica Andersen Marketing at smartR AI
In a recent talk I attended, a legal expert advised against inputting personal data into AI models. But is this blanket statement truly accurate? The reality is far more nuanced, especially when we consider GDPR, the gold standard for personal data protection. This article explores how GDPR intersects with the use of personal information in AI mod...
16 July 2024 /ai /security Artificial Intelligence
Kaustuv Ghosh Founder at Nxtgen Payment Infra. Prometheus Labs.
Introduction This blog is based on an article co-authored along with Matthew Lamons, CEO of The Intelligence Factory and is an edited version of the same article. As a matter of introduction and context, we work closely together to enable strategic decisioning and risk mitigation through AI. We felt that the current global risk situation requ
16 July 2024 /ai /security Artificial Intelligence and Financial Services
Eldad Tamir Founder and CEO at FINQ
Embarking on an investment journey can be exciting yet daunting, particularly for young and new investors. Starting early is crucial, allowing time to benefit from compound interest and to recover from market fluctuations. Recognizing the challenges faced by new investors is the first step towards overcoming them. Embrace long-term investing A lo...
14 July 2024 /ai /startups Artificial Intelligence and Financial Services
Let’s talk about AI and remittances. Despite the enormous size and tremendous importance of the money transfer industry, little is heard about how AI is used or is proposed to be used. There are the usual mentions of Generative AI and some references about future developments. One reason for the paucity in news could simply be that many firms pref...
14 July 2024 /ai /payments Asia Financial Services
Raktim Singh Senior Industry Principal at Infosys
Vision Transformers, or ViTs, are a groundbreaking learning model designed for tasks in computer vision, particularly image recognition. Unlike CNNs, which use convolutions for image processing, ViTs employ a transformer architecture inspired by its success in natural language processing (NLP) applications. ViTs convert image data into sequences, s...
12 July 2024 /ai /predictions Technology for Social Good
Luke Allchin Director - North America at RFI Global
The evolving demands of modern banking consumers will force incumbent banks in the United States to adapt in order to remain competitive in a rapidly changing banking landscape. In recent years, the banking landscape in the United States has undergone significant change. In a market where the average relationship with the primary bank is 16.6 years...
11 July 2024 /ai /retail Banking Strategy, Digital and Transformation
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