Tag : AI tools

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Fintech Myths around AI and How AI Is Used To Predict Market Movements

Rishika Patel
by Rishika Patel0
According to Forbes, business investments in AI are projected to reach nearly $200 billion globally by 2025, and by 2030, AI could contribute an astounding $15.7 trillion to the global economy. In the financial sector alone, AI spending is expected to more than double, reaching $97 billion by 2027. One......
Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance
Banking Fintech News

Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance

EIN Presswire
by EIN Presswire0
GFT’s New Banking Disruption Index Explores Whether Canada’s Banks Should Partner With Digital Competitors For 90% of Canadian banking customers, saving is a top priority, but where they’re placing their money is shifting, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Security

AI’s Impact on Emerging Risk Management Trends

Fintech Analyst
by Fintech Analyst0
By Heather H. Wilson and Patrick J. O’Neill, CLARA Analytics and Redhand Advisors AI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But despite......
Vero AI Emerges with Groundbreaking AI Driven, Science-Based Platform to Help Global Enterprises Evaluate and Optimize their AI Investments, and Mitigate Risk
Investment Services News

Vero AI Emerges with Groundbreaking AI Driven, Science-Based Platform to Help Global Enterprises Evaluate and Optimize their AI Investments, and Mitigate Risk

PR Newswire
by PR Newswire0
The VIOLET Impact Model is a holistic, human-centered framework of elements and methodologies providing a comprehensive and objective view of the impact of algorithms and complex systems. Dedicated to empowering global enterprises in harnessing the full potential of AI technologies while minimizing risk, Vero AI announced the launch of its revolutionary AI-driven,......
Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds
Artificial Intelligence Finance Fintech

Syntellis Released “2024 CFO Outlook for Financial Institutions”

Fintech News Desk
by Fintech News Desk0
The report results provide insights on how institutions fared in 2023, as well as current and future industry challenges, trends, and priorities. According to a new survey report from Syntellis Performance Solutions, now part of Strata Decision Technology – 2024 CFO Outlook for Financial Institutions, The financial services industry has......
Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
by Fintech News Desk0
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
Vymo Released “Rise of AI in 2023” Report
Artificial Intelligence News

Vymo Published “Rise of AI in 2023” Says Report

Fintech News Desk
by Fintech News Desk0
The report features interviews of insurance leaders, summarising the impact of artificial intelligence in optimising insurance sales & distribution. By Global FinTech Series News Desk Vymo, the sales engagement platform for global financial enterprises, has unveiled its latest report, Rise of AI in 2023. This report summarises the transformative impact......
Glia Launches New AI Tools for Financial Institutions
Fintech News

Glia Launches New AI Tools for Financial Institutions

PR Newswire
by PR Newswire0
Glia expands AI Toolset to help organizations take advantage of generative AI to drive efficiency and improve the CX Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automation on a single platform, is offering new generative AI tools to help financial institutions drive efficiency and improve the customer experience in......
Three Game-changing Examples of AI in Private Equity
Artificial Intelligence Fintech Primers Guest Posts

Three Game-changing Examples of AI in Private Equity

Zuora AndAvalara
by Zuora AndAvalara0
Financial market participants, including banks, insurance companies, pension funds, and hedge funds, are all actively exploring ways to leverage artificial intelligence (AI), and private equity (PE) firms are no exception. Three areas that are showing a significant return on investment (ROI) for AI among PE firms are deal flow, investment......
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