Harriet Christie Chief Operating Officer at Mirrorweb
In March 2023, SEC Chairman Gary Gensler described Artificial Intelligence as “the most transformative technology of our time, on par with the internet and mass production of automobiles". When any groundbreaking tool arrives, a period of adaptation is required. This is more pronounced for regulators, who need to quickly assimilate enough inf...
11 July 2024 /ai /regulation RegTech
Erica Andersen Marketing at smartR AI
AI has become the hottest buzzword of the decade, with chatGPT—last year alone growing to 100,000,000 users within three months—the fastest growth in a new product ever. Since then, everyone, from startups to old-line businesses, has rushed to claim they are doing it. It’s no wonder, as McKinsey’s report, “Mind the Gap: AI Leaders Pulling Ahead” ...
09 July 2024 /ai Artificial Intelligence and Financial Services
Barley Laing UK Managing Director at Melissa
In the financial services sector the transformative power of artificial intelligence (AI) promises to, and in many cases already is, driving real-time business success. From enhancing data-driven insight and productivity, to improving fraud detection and customer experience. However, in the rush to adopt AI many haven’t taken into consideration ho...
09 July 2024 /ai /retail Artificial Intelligence
Scott Zoldi Chief Analytics Officer at FICO
Almost every new technology cycles through phases. Initial hype about the exciting possibilities the tech could present leads to it becoming a much discussed and debated topic, with early adopters rushing to jump onboard. This hype is followed by teething problems, limitations and unmet expectations coming to light, trust waning and popularity cra...
05 July 2024 /ai Artificial Intelligence and Financial Services
Raktim Singh Senior Industry Principal at Infosys
Smart spaces, also known as "connected places," are physical locations equipped with networked sensors that provide owners, occupants, and administrators with more and better information about the condition of the locations and how they are used. Like a vehicle continuously reporting its location, performance, and maintenance requirements...
04 July 2024 /ai /sustainable Technology for Social Good
Max Koretskiy Investor, Cо-Founder at Blackshield Capital Group
Twenty-five years in the financial market – is it a lot or a little? It depends. For classic investment banks with a hundred-year history, this is not a term. For fintech startups, neobanks that draw strength and motivation from a rapidly changing reality, this is an eternity. Nevertheless, for both the former and the latter, the next 25 years wil...
04 July 2024 /ai /wealth Fintech
Anup Chandrashekar Vice President at Sonata Software
In the dynamic realm of banking, innovation has been the cornerstone of evolution and customer satisfaction. From the pioneering days of ATMs to the digital revolution brought forth by internet and mobile banking, financial institutions have always been at the forefront of embracing technological advancements. Today, as we embark on the cusp of a ...
01 July 2024 /ai /retail Artificial Intelligence and Financial Services
Dmytro Spilka Director and Founder at Solvid, Coinprompter
Machine learning is emerging to become a key evolutionary force within the fintech landscape, and will form the cornerstone of the industry’s transition into an open finance ecosystem. According to McKinsey data, artificial intelligence (AI) can generate up to $1 trillion in additional value for the global banking industry annually, and machine l...
30 June 2024 /ai
Brian Montgomery Senior Director, International Finance at Workday
Investment management firms have seen more change in the last five years than in the previous five decades. New asset classes, significant regulatory and technological developments, pandemic-related market and workplace volatility, as well as evolving client expectations have all pushed investment managers well and truly into the era of ‘never nor...
27 June 2024 /ai /people Artificial Intelligence and Financial Services
Satinder Lala Director of Marketing at Capium
Why UK Accountants and other Financial Professionals Should Embrace Current Technology: Out with the Old, In with the New In the light of HMRC’s new update to Accountants by Amy Chin, Aweb’s Tax writer, I thought about our accountants and other financial professionals -the unsung heroes of the business world ensuring that our numbers add up and ou...
26 June 2024 /ai /inclusion Artificial Intelligence and Financial Services
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