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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Erica Andersen

Erica Andersen Marketing at smartR AI

The software ownership dilemma

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

/ai /security

Saurabha Sahu

Saurabha Sahu Senior Solution Consultant at Wipro Limited

Generative AI: Way to Revolutionize Banking Financial Industry

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

/ai /inclusion

Roman Eloshvili

Roman Eloshvili Founder and CEO at XData Group

From Human to Algorithm: How AI is Transforming Financial Advice

In the last couple of years, artificial intelligence (AI) has evolved from a new technology to a well-known term, integrating itself into various sectors. In fact, Capgemini research predicts that explosive GenAI adoption will only continue with three in five organisations seeing innovative work as the largest benefit of the technology. As AI bec...

/ai /predictions

Oliver Tearle

Oliver Tearle Head of Technology Innovation at The ai Corporation

Fraud Fighters Are Getting Smarter: How Machines Are Learning to Spot Sneaky Transactions

Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at spotting fraudulent transactions, no matter how the fraudsters try to disguise them. This technology has been around for a while, with the first system...

/ai /crime

Eldad Tamir

Eldad Tamir Founder and CEO at FINQ

Overcoming financial hurdles: economic challenges for millennials and Gen Z

A recent CNBC/Generation Lab survey illuminates a stark reality: while many young adults recognize the stock market as a vital tool for wealth accumulation, a similar number are not actively saving for retirement. This gap between awareness and action highlights broader challenges of financial engagement among millennials and Gen Z, who often face...

/ai /markets

Abhishek Bhasin

Abhishek Bhasin Head of Product at Uplinq Financial Technologies

Artificial Intelligence Is Helping Lenders and Small Businesses Alike

The success of a small business depends on a healthy cash flow. Access to working capital is a much-needed lifeline for these businesses as they are constantly managing and juggling their cash flows. Paying bills, making payroll and filling orders while waiting for the client to pay the invoice is a day-to-day financial reality of these businesses...

/ai /inclusion

Aleksandra Kitina

Aleksandra Kitina Head of Marketing at COLIBRIX

The Transformative Impact of AI

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...

/ai

Garima Chaudhary

Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle

How to Get Started with GenAI in Financial Crime Compliance

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...

/ai /crime

Jose Pierre

Jose Pierre CEO at Marketware International, Inc.

The Future of Wealth Management: Navigating Economic Trends and Technological Disruptions

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...

/ai /wealth

Kaustuv Ghosh

Kaustuv Ghosh Founder at Nxtgen Payment Infra. Prometheus Labs.

AI and Emerging Risks to Banking and Financial Services in ASEAN and other frontline markets

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

/ai /security

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