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Artificial Intelligence and Financial Services
Navigating complex, overlapping sanctions is placing renewed pressure on banks’ compliance operations and putting the trade finance industry to the test – again. Marc Smith, founder and CTO at Conpend...
It's 2021 all over again, at least for veteran cryptocurrency Bitcoin. After tanking in the wake of the FTX scandal last fall, Bitcoin– as well as some other crypto currencies – have rebounded nicely,...
Last November ChatGPT, a chatbot developed by the research lab OpenAI, reached the million-subscriber mark just a week after its launch. I could not resist the allure and signed up. When I asked the b...
In a global report issued by S&P, 95% of enterprises across various industries said that Artificial Intelligence (AI) adoption is an important part of their digital transformation journey. We’re ...
Time data is primal. It has always been thus for modern computing, mathematics and, now, artificial intelligence. From the founding grandparents of modern computing and AI – Ada Lovelace’s “analytical...
For banks, artificial intelligence (AI) and machine learning (ML) should be more than just buzzwords. Correct application of these technologies to their back-end processes can help facilitate increase...
Machine learning (ML), the most prominent arm of artificial intelligence (AI), cuts both ways for the financial services industry, where its applications are getting wider by the day. The benefits ar...
The answer isn’t clear, but it will certainly be evident when we look back half a century from now. Technological breakthroughs, such as increasingly and surprisingly sophisticated artificial intellig...
The financial technology industry, or fintech, has seen explosive growth in recent years. Fintech startups are disrupting traditional financial services, from banking and lending to payments and ins
It is rare to see quants talk about trading systems and strategies so publicly. Recently Avi Palley, Lead Quantitative Strategist in eFX Trading at Wells Fargo and Carlos Zendejas, also a one-time Qua...
Phishing is the oldest weapon in a fraudster’s war chest and still serves as the most common form of cyber-attack around. Phishing attacks reached a record high in 2022, according to the Anti-Phishin...
Adoption of AI technology has come a long way in recent years, especially in the back and middle office of financial institutions where the ability of AI to sort vast quantities of data, automate repe...