Latest Finextra Research Artificial intelligence Headlines https://www.finextra.com/ The Latest Financial IT Artificial intelligence Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) Finextra Research Headlines https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png Sustainable Finance Live 2024: Using AI technology to drive sustainable solutions https://www.finextra.com/newsarticle/44601/sustainable-finance-live-2024-using-ai-technology-to-drive-sustainable-solutions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44601/sustainable-finance-live-2024-using-ai-technology-to-drive-sustainable-solutions?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Aug 2024 09:00:00 GMT IBM announced its joint endeavor with WWF Germany to use AI spatial capturing technology to enhance elephant tracking in Africa. This technology will be able to support conservation of African elephants, which can increase carbon storage in their forest habitats. Communify acquires Fincentric from S&P Global https://www.finextra.com/newsarticle/44599/communify-acquires-fincentric-from-sp-global?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44599/communify-acquires-fincentric-from-sp-global?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 18:35:00 GMT Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global’s Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries. ANZ creates 'AI Immersion Centre' for executive class https://www.finextra.com/newsarticle/44589/anz-creates-ai-immersion-centre-for-executive-class?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44589/anz-creates-ai-immersion-centre-for-executive-class?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT ANZ has partnered with Microsoft to launch an 'AI Immersion Centre' for the bank's leadership team at its Melbourne headquarter offices. Keir Starmer and Prince William used in deepfake crypto scam https://www.finextra.com/newsarticle/44591/keir-starmer-and-prince-william-used-in-deepfake-crypto-scam?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44591/keir-starmer-and-prince-william-used-in-deepfake-crypto-scam?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments. CFPB and American Fintech Council stake out AI positions to Treasury https://www.finextra.com/newsarticle/44593/cfpb-and-american-fintech-council-stake-out-ai-positions-to-treasury?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44593/cfpb-and-american-fintech-council-stake-out-ai-positions-to-treasury?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 20:13:00 GMT Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services. Monzo offers 'do's and don'ts' for using AI in job applications https://www.finextra.com/newsarticle/44582/monzo-offers-dos-and-donts-for-using-ai-in-job-applications?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44582/monzo-offers-dos-and-donts-for-using-ai-in-job-applications?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 00:01:00 GMT With AI tools such as ChatGPT now firmly embedded in the mainstream, Monzo has put together a list of 'Do's and don'ts' for using the technology when applying for a job with the digital bank. CommBank to equip all staff with AI training modules https://www.finextra.com/newsarticle/44559/commbank-to-equip-all-staff-with-ai-training-modules?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44559/commbank-to-equip-all-staff-with-ai-training-modules?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 08 Aug 2024 00:01:00 GMT Commonwealth Bank of Australia is rolling out an AI microlearning series to all employees. Santander circulates deepfakes to raise awareness of scam threat https://www.finextra.com/newsarticle/44556/santander-circulates-deepfakes-to-raise-awareness-of-scam-threat?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44556/santander-circulates-deepfakes-to-raise-awareness-of-scam-threat?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 09:38:00 GMT Santander has launched a campaign to demonstrate the threat to consumers from 'deepfake' videos circulating on social media platforms. CIBC to hire 200 data and AI specialists https://www.finextra.com/newsarticle/44554/cibc-to-hire-200-data-and-ai-specialists?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44554/cibc-to-hire-200-data-and-ai-specialists?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 00:01:00 GMT Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month S&P Global to give 35,000 employees GenAI training https://www.finextra.com/newsarticle/44555/sp-global-to-give-35000-employees-genai-training?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44555/sp-global-to-give-35000-employees-genai-training?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Aug 2024 18:09:00 GMT Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI. Lloyds hires AWS exec to head up new AI and analytics unit https://www.finextra.com/newsarticle/44540/lloyds-hires-aws-exec-to-head-up-new-ai-and-analytics-unit?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44540/lloyds-hires-aws-exec-to-head-up-new-ai-and-analytics-unit?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 09:31:00 GMT Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics. Finextra is getting a new look! https://www.finextra.com/newsarticle/44526/finextra-is-getting-a-new-look?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44526/finextra-is-getting-a-new-look?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Aug 2024 01:00:00 GMT We’re excited to go live with Finextra’s new website next week. Wealth management fintech SigFig adds AI capabilities https://www.finextra.com/pressarticle/101925/wealth-management-fintech-sigfig-adds-ai-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101925/wealth-management-fintech-sigfig-adds-ai-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:39:00 GMT SigFig, a leading digital wealth management solutions and technology provider for financial institutions and their advisors, today announced new capabilities, including AI-powered functions, to its financial advisor collaboration platform, Engage. Matchmaking platform for startups and investors Qubit expands into Europe https://www.finextra.com/pressarticle/101921/matchmaking-platform-for-startups-and-investors-qubit-expands-into-europe?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101921/matchmaking-platform-for-startups-and-investors-qubit-expands-into-europe?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 14:00:00 GMT Qubit Capital has made a significant impact by revolutionizing how startups connect with investors. Paddle opens applications for third AI Launchpad https://www.finextra.com/pressarticle/101905/paddle-opens-applications-for-third-ai-launchpad?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101905/paddle-opens-applications-for-third-ai-launchpad?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 14:53:00 GMT Paddle, the payments infrastructure provider, has today opened applications for its third AI Launchpad, offering 75 ambitious AI founders the chance to participate in a 6-week program to help them build, launch and scale their AI-powered business ideas. Hong Kong central bank opens GenAI sandbox https://www.finextra.com/pressarticle/101903/hong-kong-central-bank-opens-genai-sandbox?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101903/hong-kong-central-bank-opens-genai-sandbox?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 13:24:00 GMT The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cyberport), announced the launch of the new Generative Artificial Intelligence (GenA.I.) Sandbox today (13 August) at FiNETech2, the second edition of the FiNETech series. Intellect launches Purple Fabric to accelerate enterprise AI adoption for financial institutions https://www.finextra.com/pressarticle/101886/intellect-launches-purple-fabric-to-accelerate-enterprise-ai-adoption-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101886/intellect-launches-purple-fabric-to-accelerate-enterprise-ai-adoption-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 12:19:00 GMT IntellectAI, a business unit of Intellect Design Arena Ltd focusing on cutting edge Artificial Intelligence technologies, announces the launch of Purple Fabric, a pioneering platform that accelerates enterprise AI adoption for financial institutions (FIs). Okredo scores €1.2 million in EU funding for AI/ML-driven scoring system https://www.finextra.com/pressarticle/101876/okredo-scores-12-million-in-eu-funding-for-aiml-driven-scoring-system?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101876/okredo-scores-12-million-in-eu-funding-for-aiml-driven-scoring-system?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 09:20:00 GMT Okredo, a company specializing in open data solutions, has secured €1.2 million funding from the EU for the development of a multi-modular AI/ML-driven scoring system valued at €1.5 million euros. CIBC forms strategic AI collaboration with Creative Destruction Lab https://www.finextra.com/pressarticle/101866/cibc-forms-strategic-ai-collaboration-with-creative-destruction-lab?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101866/cibc-forms-strategic-ai-collaboration-with-creative-destruction-lab?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 12 Aug 2024 11:58:00 GMT CIBC today announced a strategic collaboration with Creative Destruction Lab (CDL), a nonprofit organization focused on empowering companies through innovation in AI technology. Nice Actimize debuts Surveil-X Behavior to root out employee risks https://www.finextra.com/pressarticle/101843/nice-actimize-debuts-surveil-x-behavior-to-root-out-employee-risks?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101843/nice-actimize-debuts-surveil-x-behavior-to-root-out-employee-risks?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 08 Aug 2024 10:52:00 GMT NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the introduction of SURVEIL-X Behavior, the newest AI-powered solution in its market-leading SURVEIL-X Holistic Employee Conduct Surveillance suite. Taishin Bank collaborates with OneDegree Global on responsible AI https://www.finextra.com/pressarticle/101841/taishin-bank-collaborates-with-onedegree-global-on-responsible-ai?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101841/taishin-bank-collaborates-with-onedegree-global-on-responsible-ai?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 08 Aug 2024 10:15:00 GMT Taishin Bank, one of the largest commercial banks in Taiwan, has partnered with OneDegree Global, a leader in cybersecurity and risk management solutions, for a Proof of Concept. Microsoft and Dlocal collaborate on financial AI https://www.finextra.com/pressarticle/101820/microsoft-and-dlocal-collaborate-on-financial-ai?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101820/microsoft-and-dlocal-collaborate-on-financial-ai?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 12:05:00 GMT Microsoft and dLocal are thrilled to announce a landmark partnership to integrate cutting-edge Artificial Intelligence (AI) solutions into the financial technology (fintech) sector. Rich Data Corp rounds out $37 million Series B with $9 million top up from Acorn Capital https://www.finextra.com/pressarticle/101795/rich-data-corp-rounds-out-37-million-series-b-with-9-million-top-up-from-acorn-capital?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101795/rich-data-corp-rounds-out-37-million-series-b-with-9-million-top-up-from-acorn-capital?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Aug 2024 10:41:00 GMT Rich Data Co (RDC), an industry leader in artificial intelligence (AI) decisioning for business and commercial lenders, has secured a $9 million investment from Acorn Capital, a firm specialising in emerging companies. Tuum forms partnership with ComplyAdvantage, https://www.finextra.com/pressarticle/101772/tuum-forms-partnership-with-complyadvantage?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101772/tuum-forms-partnership-with-complyadvantage?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Aug 2024 13:20:00 GMT Tuum, a leading next-generation core banking platform, is proud to announce its partnership with ComplyAdvantage, a leader in financial crime intelligence. Communify Fincentric Unifies Financial Data with Acquisition from S&P Global https://www.finextra.com/videoarticle/3180/communify-fincentric-unifies-financial-data-with-acquisition-from-sp-global?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3180/communify-fincentric-unifies-financial-data-with-acquisition-from-sp-global?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 18:35:00 GMT John Wise, Chairman and CEO of Communify Fincentric, explains the backstory to the company's acquisition of Markit on Demand from S&P Global. Aimed at fixing the financial industry's persistent challenge of fragmented data, this strategic move unifies client and market information in a single platform, integrating over 4,000 global data feeds to enhance AI-driven insights for portfolio managers, advisors and self-directed investors. By merging these data sets, the business intends to set a new standard for the broking, wealth and asset sectors, enabling institutions to navigate complex data landscapes and drive growth in a digital world. Why Traditional AI should be used alongside Generative AI for Fraud Prevention https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 10:31:00 GMT At EBAday 2024, Marc Corbalan, Vice President, A2A Risk Solutions, Visa, explores fraud detection advances and strategies. Generative AI is truly revolutionary and outperforms traditional AI when it comes to analysing text, voice, and imagery, namely describing when transactions are risky. However, Generative AI struggles with numerical data that includes patterns, which is what fraud analysts using search for. This is why traditional AI must be used alongside Generative AI. Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 11:45:00 GMT Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions. Adapting to change: How financial institutions can revolutionise core banking systems https://www.finextra.com/videoarticle/3173/adapting-to-change-how-financial-institutions-can-revolutionise-core-banking-systems?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3173/adapting-to-change-how-financial-institutions-can-revolutionise-core-banking-systems?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 10:44:00 GMT Siobhan Byron, EVP of Universal Banking at Finastra, discusses how innovation is not just limited to the neo and startup banks, indeed established banks are combining the move-fast philosophies of the emerging players with their own considerable assets. The conversation highlights the need for financial institutions to have a clear vision and strategy, find the right pace and technology for transformation, avoid high-risk methods, outline the challenges of losing market share, talent, and the ability to meet future needs if institutions fail to stay current and innovative. 2024 Payments Trends and Adding Value https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 10:00:00 GMT At EBAday 2024, Michael Whitehead, Head of Sales - Europe, iGTB, and Tapan Agarwal, Head of Payments Solutions, iGTB, Intellect Design Arena, focus on the range of payments trends that are circulating within the industry and what is pushing innovation forward. The pair pay close attention to European regulations that are mandating instant payments, as well as the One-Leg Out Instant Credit Transfer and the G20's bid to ensure payments get faster, cheaper and more transparent. Further, they explore how banks can build on value-added services using technologies such as Generative AI, DLT and IoT, which will evidently lead to an explosion of payments. What changes lie ahead for the future of real-time payments https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 13:50:00 GMT At EBAday 2024, Paul Francis Walvik-Joynt, Senior Vice President, Real Time Payments, Mastercard, shares an outline of what changes lie ahead for real-time payments and what the proliferation of real-time payments means for the adoption of instant payments. It is evident that trust needs to be maintained as the industry grows and introduces new networks, ensuring organisations are remaining resilient and fraud is combatted. Further, with the advent of new real-time payments systems, opportunities are opening up for domestic and global payments, and for technologies such as AI to be leveraged. The Importance of ESG when Choosing a Technology Provider https://www.finextra.com/videoarticle/3161/the-importance-of-esg-when-choosing-a-technology-provider?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3161/the-importance-of-esg-when-choosing-a-technology-provider?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Kalliopi Chioti, Chief ESG Officer, Temenos and Christian Sarafidis, Chief Executive, EMEA Financial Services, Microsoft, dive deep into how choosing the right provider and right partner is crucial for ESG. With increasing pressure coming to the fore from regulators, organisations have no choice but to consider their reputations. This journey cannot be completed alone, so partners are of paramount importance, in addition to technologies such as cloud and AI to drive sustainability efforts. Fintech in Asia: How are Digital Experiences Evolving? https://www.finextra.com/videoarticle/3150/fintech-in-asia-how-are-digital-experiences-evolving?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3150/fintech-in-asia-how-are-digital-experiences-evolving?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jul 2024 09:30:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Ramki Ramakrishnan, Managing Director, APAC, Temenos and Trinh Vinh Hien, CTO & CDO, PVcomBank provide an overview of how the APAC region is leading when it comes to efficient digital experiences and the innovations that have come to the fore since 2022. As more and more customers expect digital access to all services, scalable solutions are imperative for financial players in Asia, the Pacific and further afield. While the likes of Alipay and WeChat attempt to bridge the gap between the banked and unbanked, innovation must ensure it is fit for purpose for all. What to include on your Payments Blueprint for Success https://www.finextra.com/videoarticle/3147/what-to-include-on-your-payments-blueprint-for-success?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3147/what-to-include-on-your-payments-blueprint-for-success?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 08 Jul 2024 12:58:00 GMT At EBAday 2024, Sulabh Agarwal, Global Payments Lead, Accenture, discusses how banks are approaching payments transformation and why the traditional model may not work with the number of initiatives coming to the fore soon. With regulatory initiatives like SEPA Inst, ISO 20022 and a long list of others that include the EPI and digital Euro, financial institutions must remain focused and consolidate new products that are yet to be launched, ensure they are competing against newcomers and justifying the investments that they make. Traditionally, change has emerged incrementally, but now long-term thinking must be prioritised, instead of opening the hood and fixing issues here and there, and technology such as Generative AI must be considered. AI, the Mechanism for Anticipating Customer Needs https://www.finextra.com/videoarticle/3146/ai-the-mechanism-for-anticipating-customer-needs?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3146/ai-the-mechanism-for-anticipating-customer-needs?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 05 Jul 2024 18:20:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Arun Thallapelly, Global Head of BSG, Temenos and Tielman Walters, Chief Technology Officer, Barko survey how digital innovation is helping banks make key connections with customers. Considering the wealth, facets and magnitudes of data available to financial institutions, the discussion taps into how effectively leveraging this data could provide banks with a detailed picture of how a customer currently behaves and would behave in the future. Organisations now need to anticipate needs in a much more effective way and AI is the tool to utilise to achieve this. AI can help precisely understand what the next step of the user journey will be and in turn, products and usability can be enhanced. AI's Role in Shaping the Bank of the Future https://www.finextra.com/videoarticle/3129/ais-role-in-shaping-the-bank-of-the-future?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3129/ais-role-in-shaping-the-bank-of-the-future?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 03 Jul 2024 14:43:00 GMT At EBAday 2024, Lilia Christofi, EMEA Banking Leader, Microsoft, explores the potential risks associated with implementing AI in the financial services industry, but also the role that the technology can play in shaping the bank of the future. Financial institutions need to ensure that they are leading across AI adoption to mitigate any potential risks that may emerge. Customer Intimacy, Generative AI and Data Models https://www.finextra.com/videoarticle/3132/customer-intimacy-generative-ai-and-data-models?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3132/customer-intimacy-generative-ai-and-data-models?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 01 Jul 2024 11:10:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as William Moroney, President International, Temenos and Izzidin AbuSalameh, Group COO, Capital Bank of Jordan, speak about the biggest challenges facing the banking industry today. Despite substantial progression over the last two decades, the pair explore how customer intimacy through digital interactions must be prioritised as the sector is moving towards reducing branches. With this mapping of digital customer journeys, the onset of AI and generative AI has meant that banks are increasingly being encouraged to allow machines to do the thinking internally. This drives a larger issue where legacy technology is unable to support the demands of high traffic digital solutions - the conversation reveals some potential options for banks. Building the bank of tomorrow https://www.finextra.com/videoarticle/3128/building-the-bank-of-tomorrow?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3128/building-the-bank-of-tomorrow?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 28 Jun 2024 09:00:00 GMT At EBAday 2024, Tsvetanka Nankova, Global Head of Sales, Institutional Cash & Trade Finance, Deutsche Bank, discusses what banks need to do to stay in the game and the key trends driving transaction banking innovation. A new wave of technology and digitalisation is emerging, and with this, and the way in which data and analytics is leveraged is also changing. The discussion explores the critical technology of the future, which includes AI, cloud and blockchain settlement, in addition to the regulations that are setting the guardrails for innovation. Global Trade Based Financial Crime: Where Trade and Payments Meet https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jul 2024 13:56:00 GMT Watch this webinar on how the future of trade finance require holistic solutions and expert insights, to be held ahead of Sibos 2024. Using modern technology platforms to create an AI-driven bank https://www.finextra.com/featurearticle/2831/using-modern-technology-platforms-to-create-an-ai-driven-bank?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2831/using-modern-technology-platforms-to-create-an-ai-driven-bank?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jul 2024 15:49:00 GMT Watch this webinar, hosted in association with Red Hat, to discover practical strategies to leverage the full potential of AI. Reimagine banking: How to effectively modernise your core and de-risk at the same time https://www.finextra.com/featurearticle/2830/reimagine-banking-how-to-effectively-modernise-your-core-and-de-risk-at-the-same-time?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2830/reimagine-banking-how-to-effectively-modernise-your-core-and-de-risk-at-the-same-time?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 Jul 2024 11:47:00 GMT Watch this webinar, hosted in association with Finastra, to discover how banks can effectively modernise their core banking systems in a rapidly changing world. Payment Scams and Fraud: Changing Bank Behaviour and Regulatory Frameworks https://www.finextra.com/featurearticle/2822/payment-scams-and-fraud-changing-bank-behaviour-and-regulatory-frameworks?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2822/payment-scams-and-fraud-changing-bank-behaviour-and-regulatory-frameworks?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 20 Jun 2024 16:46:00 GMT Watch this webinar that highlights the need for banks to adopt advanced security measures to detect and prevent fraud. AI and Synthetic Data: Fighting Financial Fraud and Protecting Customers https://www.finextra.com/featurearticle/2816/ai-and-synthetic-data-fighting-financial-fraud-and-protecting-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2816/ai-and-synthetic-data-fighting-financial-fraud-and-protecting-customers?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 16:47:00 GMT Watch this webinar to understand why integrating internal, external, and synthetic data to update AI models is the best strategy to protect transactions and customers from fraud. Uncovering Genuine AI Insights for Financial Services https://www.finextra.com/blogposting/26608/uncovering-genuine-ai-insights-for-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26608/uncovering-genuine-ai-insights-for-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 10:02:05 GMT Conversational AI and Document Querying: A Path to Business Benefit, Data Control, and Cost Manageme... The software ownership dilemma https://www.finextra.com/blogposting/26586/the-software-ownership-dilemma?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26586/the-software-ownership-dilemma?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 12 Aug 2024 07:23:47 GMT Software ownership has undergone an interesting evolution. Traditionally, software producers reta Sponsor's message: [Webinar] Real Time Goes Global: Expanding Revenue Potential Beyond Borders https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7499 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7499 Tue, 30 Jul 2024 00:00:00 GMT [Webinar] Real Time Goes Global: Expanding Revenue Potential Beyond Borders