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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Amita Choudhary

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

The 7 Hottest AI Trends of 2020

Artificial intelligence is still a rapidly growing field, and we keep discovering many new uses for it in various different spheres. And while it’s not clear how long this growth and progress will continue for, one thing is certain right now – it’s reasonable to expect quite a lot in the coming months of 2020. In fact, we might be at a stage where...

/cloud

Darshna Shah

Darshna Shah Lead Data Scientist at Elastacloud

A Data Scientist’s introduction to sustainable finance

A marked change in atmospheric carbon has always been incompatible with Earth’s stability, and has been a feature of all 5 mass extinctions. In previous events in has taken volcanic activity up to one million years to increase atmospheric carbon to cause a catastrophe, but an extremely fast and energy-thirsty growth has led to similar events occur...

/sustainable

Adam Lieberman

Adam Lieberman Head of Artificial Intelligence & Machine Learning at Finastra

Is synthetic data the key to the next data boom in financial services?

Across industries, data is recognised as an organisation’s most valuable asset. From data comes knowledge and new insights that can be used to improve every function of a business, from new and better products and services for customers, to operational efficiencies. As data strategies mature, firms are turning an increasingly expectant eye toward ...

/regulation /startups

Sophie Dionnet

Sophie Dionnet VP Strategy at Dataiku

Alternative data, AI, and ML: The road to socially responsible recovery

With a total shutdown of certain sectors of activity, it was not surprising that in June, leading economic forecaster EY Item Club predicted that GDP would shrink by 8% this year. Though the drop was not as dramatic as expected, the Office for National Statistics reported that GDP in June was still a sixth below its level in February, before the v...

/wholesale /sustainable

Retired Member

Retired Member 

The promise of AI in Financial Services

Artificial Intelligence, in all of its different forms, isn’t new in the financial services space. As is often the case with new technologies, banks were early adopters of AI, with early use cases being focused on chat bots, RPA, as well as fraud and risk management. However whilst, according to McKinsey, 60% of firms have at least one AI capab...

/retail /cloud

Retired Member

Retired Member 

A Commercial Underwriter’s Guide to Automation, Part 2

Read Previous Blog, Part 1 - Insurance underwriting is a critical differentiator between the leaders and the laggards when one looks at it from an operational performance lens. We’ve drafted this 2nd part for Underwriters who are ready to disrupt, evolve, and drive significant tangible impact across their organization. Building superior Customer

/regulation /devops

Steve Morgan

Steve Morgan Banking Industry Market Lead at Pegasystems

Customer Service: How to Balance AI and Automation with Human Touch

If automation is operating as it should, people should not need (or want) to talk to a customer service representative. But what if something goes wrong, or the customer has a complex query? Take the A-level results mishandling in the UK as an example. In theory, the algorithm should have worked, but it didn’t, and hundreds of students had to get i...

/retail /covid-19

Hani Hagras

Hani Hagras Chief Science Officer at Temenos

Banking is on the cusp of an explainable AI revolution

Throughout the last half century, science fiction movies have been filled with the idea of an artificial intelligence (AI). Such films often portray a forthcoming dystopia where humanity is in conflict at the whim of the evolving technology. Today we find ourselves living in a new frontier defined by data and automation, however, rather than the e...

/security /regulation

Hugo Chamberlain

Hugo Chamberlain COO at smartKYC

Why Showing Your Workings is Essential for Trusted AI and KYC

The concept of artificial intelligence (AI) has been in our collective consciousness for decades, mainly due to far-fetched Hollywood depictions of AI-powered killer Terminators, i-Robots and Replicants. These fictional portrayals, twinned with outspoken views from technology titans like Elon Musk and Professor Stephen Hawking, have led to some ...

/security

Amita Choudhary

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

The Impact of AI on the Insurance Industry in the Short and Long Term

Artificial intelligence has started to take over many industries by storm. Its impact is easy to see in many fields already, and it’s very likely that we’re only seeing the tip of the iceberg. The future potential for major changes is huge, and fields like insurance have started to take particular advantage of what AI has to offer. And while it wi...

/cloud

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