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Artificial Intelligence and Financial Services
ChatGPT, while getting much attention, is just the beginning of a new era of using a specific category of AI as a tool for organisations to improve their operations and provide better service to custo...
“In order to fully realize the potential of AI, we have to mitigate its risks,” the White House Office of Science & Technology Policy recently tweeted. “That’s why we’re excited about @NIST’s rele...
The markets weren't kind to hedge funds in 2022 – and if investors weren't paying attention, the media made sure they got the message. “Top hedge funds earned sharply less for clients in 2022,” “Hedg...
The world of wealth management is evolving rapidly in response to the changing landscape of technology and investment strategy. As artificial intelligence (AI) technology becomes more powerful and sop...
The past three years have seen pretty much non-stop uncertainty and market turbulence. The pandemic, war, and the battle to keep inflation under control have all been a worry for investors concerned a...
The payments industry makes extensive use of AI/ML technologies in a wide range of applications – including targeted marketing, process automation and customer profiling. The use of AI and ML in fraud...
After perpetrating what appears to be one of the biggest Ponzi schemes of all time – out-Madoffing Madoff, as it were – Sam Bankman Fried has been arrested, indicted and will likely serve time. And th...
What good would buying an engine be without a car to put it in? In the context of customer service in retail banking, this would be akin to adopting artificial intelligence without having any customer...
The financial sector is facing several unprecedented challenges as we head into 2023. The future is uncertain; from political instability and economic uncertainty to technological disruption and chang...
‘Twas the night before 2023, when all through the digiverse, Fraudsters were stirring, planning their next curse. Digital programs are launched, we think with great care. Then chaos ensues, and we cou...
With the FCA currently consulting on how AI may affect the objectives of the FCA, Bank of England and Prudential Regulation Authority lets look at whether AI will Replace Financial Advisers: Artificia...
Cutting-edge technologies have become an essential part of the financial sector. Given their vast outreach and the enormous number of benefits, more and more market players embrace fintech, so the ind...