Dmytro Spilka Director and Founder at Solvid, Coinprompter
With the generative AI boom in full swing, a future of automation in fintech is imminent. While this may be a cause for concern among employees, the reality is set to be far more collaborative. The artificial intelligence in fintech market is expected to reach a value of $17 billion in 2024. This figure is set to soar to $70.1 billion by 2033, rep...
29 July 2024 /ai /inclusion
Oliver Tearle Head of Technology Innovation at The ai Corporation
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...
29 July 2024 /ai /crime Artificial Intelligence and Financial Services
Eldad Tamir Founder and CEO at FINQ
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...
28 July 2024 /ai /markets Artificial Intelligence and Financial Services
Erica Andersen Marketing at smartR AI
As someone who's been following the AI industry closely, I have to say the new European Union AI Act has really caught my attention. It's a beast of a document; 458 pages and 113 articles! When I first heard about it, I thought, "Well, there goes my weekend reading." But jokes aside, this is a big deal, folks. It's probably the most amb
25 July 2024 /ai /regulation Artificial Intelligence
Raktim Singh Senior Industry Principal at Infosys
Neuro-symbolic AI is a unique form of artificial intelligence that combines the strengths of neural and symbolic AI architectures. This powerful AI model can model cognition, learning, and reason, effectively overcoming each of its limitations. Neuro-symbolic AI : Combining best of Neural network & Symbolic AI Neuro-symbolic AI combines the str...
24 July 2024 /ai /people Technology for Social Good
Abhishek Bhasin Head of Product at Uplinq Financial Technologies
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...
23 July 2024 /ai /inclusion Artificial Intelligence and Financial Services
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
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