Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Artificial Intelligence and Financial Services
2023 was a troublesome year for many on our planet – wars, violence, population displacement, catastrophes, extremism, higher costs of living and poverty. Folks working in our industry were comparativ...
2023 was the year when it was widely realised that e-identification - important as it is - is just one credential building the e-identity of citizens and organisations. With the already available EUDI...
In today’s world when data has become the integral driver for the businesses, the need for the streamlining and effectively managing the dataflows has become one of the top priorities of the businesse...
Few industries have the competitive pressure to innovate — while under as much public and regulatory scrutiny for data privacy and security — as the financial services sector. So, as companies impleme...
As 2023 draws to a close, the insurance industry faces a landscape rich with possibilities and fraught with potential failure. Insurers are faced with having to answer the existential threat of climat...
Introduction In today's dynamic and increasingly digital financial landscape, the quest for maximizing conversions while minimizing financial fraud has become a top priority for businesses. Machine le...
In the world of personal finance, many people find themselves navigating a path without a trusted guide. The resulting advice gap leaves many worried about making the right financial decisions. In thi...
Just over a year ago, ChatGPT launched. The excitement, anxiety and optimism associated with the new AI shows little sign of abating. In November OpenAI CEO Sam Altman was removed from his position, o...
The transformative potential of generative AI for the banking sector was a subject we keenly explored earlier in the year. With the whirlwind advancements in the technology sector, six months can feel...
The financial services industry faces constant change, from rapid technological advances to new regulations and evolving customer expectations. For financial services companies to succeed today, they ...
Artificial intelligence will have a seismic effect on financial services. McKinsey has predicted that AI could deliver a “value-creation opportunity of up to $20 trillion” for banks each year. Accent...
Spoiler Alert: Expecting a geeky article to understand the complexities of GenAI, this piece is not for you. Almost blasphemous, not to mention Gen AI in office conversations, meetings, or formal gath...