Tag : GenAI

Cashing in: Study shows banks investing big in GenAI, and it's paying off
Artificial Intelligence Banking Finance Fintech News

Cashing in: Study shows banks investing big in GenAI, and it’s paying off

PR Newswire
Banking tops other industries in adopting the technology for marketing, risk management, customer service and more A new report on the use of generative AI in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated......
Zingly Announces a Proven, Safe-AI Solution for Banks and Financial Institutions to Drive Revenue Growth with Cost Reduction
Artificial Intelligence Banking InsurTech News

Zingly Announces a Proven, Safe-AI Solution for Banks and Financial Institutions to Drive Revenue Growth with Cost Reduction

PR Newswire
AI-driven platform helps financial institutions deliver personalized experiences to maximize customer acquisition, onboarding and wallet share in regulated environments Zingly.ai, the GenAI and digital-first CX Center provider, unveiled a suite of AI solutions to fuel revenue growth for banking, financial services and insurance (BFSI) institutions. These companies face increasingly complex customer inquiries,......
Artificial Intelligence Banking Finance Fintech Guest Posts

8 Ways AI is Changing the Face of Accounting and Audit

Danielle Cheek
By Danielle Supkis Cheek, VP, Head of Analytics & AI, Caseware Over the past few years, the accounting profession has seen the rise of AI as a powerful enabler. It’s already created significant efficiencies in accounting processes, and firms of all sizes are using AI in various forms as an......
Zycus' “State of Generative AI in Procurement” Report Reveals Minimal Adoption of GenAI in Source to Pay
Artificial Intelligence News

Zycus’ “State of Generative AI in Procurement” Report Reveals Minimal Adoption of GenAI in Source to Pay

Business Wire
Zycus, the global leader in GenAI powered Source-to-Pay (S2P) solutions, in collaboration with Procurement Tactics a renowned procurement strategy consultancy, has released a groundbreaking report aimed at helping Chief Procurement Officers differentiate between hype from reality of Generative AI (GenAI). The “State of Generative AI in Procurement” report provides unprecedented insights......
Artificial Intelligence Banking Digital Payments Finance Fintech Guest Posts

How to Make Your Chatbot For Your FI More Effective, Not More Annoying

Lisa Avvocato
By Lisa Avvocato, Sama Chatbots aren’t new (the first one is celebrating its 58th birthday this year), but they are getting better and better. Uberall has found 80% of customers have had positive interactions with them. The problem is when a chatbot doesn’t help, it really doesn’t help, and the annoyance and frustration caused by......
Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption
Finance Fintech Investments News

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption

PR Newswire
Company continues its mission to near-term operating profitability; New capital to fuel growth with new products, new geographies, and resilience services Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group (Zurich),......
MSCI Transforms Risk Analytics for the Future With New GenAI-Powered Tool and Modelling Technology
Analytics Investment Services News

MSCI Transforms Risk Analytics for the Future With New GenAI-Powered Tool and Modelling Technology

Business Wire
MSCI AI Portfolio Insights and Macro Finance Analyzer will help investors identify, manage, and analyze data-driven portfolio risks MSCI, a leading provider of mission-critical decision support tools and services for the global investment community, launched MSCI AI Portfolio Insights. Combining generative artificial intelligence (“GenAI”) with MSCI’s award-winning analytics tools and......
Artificial Intelligence B2B Banking Business Fintech Guest Posts

The Good and Bad of AI in Financial Services

Jeffrey Feinstein
The rise of artificial intelligence (AI) has brought about a range of reactions in the financial services industry from confusion and worry to excitement. As I interact with other data scientists, fraud analysts and risk managers, the benefits and risks of AI and its subdivision Generative AI (GenAI) have become......
New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce
Fintech Investments News

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire
This year’s report reveals a focus on harnessing new and emerging technologies to build resiliency, improve quality, maximize workforce potential, and drive sustainable growth. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual “State of Smart......
EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness
Fintech News

EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness

PR Newswire
One in five are not confident that their organizations are well-positioned to take advantage of the potential benefits AI might bring Ernst & Young LLP (EY US) released its 2023 Financial Services GenAI Survey. Nearly all (99%) of the financial services leaders surveyed reported that their organizations were deploying artificial......
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