AI News

JANUARY 29, 2024

According to research by EXL , around 89 percent of insurance and banking firms in the UK have introduced AI solutions over the past year. Nearly 9 in 10 financial services leaders reported investing upwards of £7.9 The post Financial services introducing AI but hindered by data issues appeared first on AI News.

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IBM Journey to AI blog

APRIL 5, 2024

Many industries rely on high-performance computing (HPC) to achieve this goal. As an integrated solution across critical components of computing, network, storage and security, the platform aims to assist enterprises in addressing regulatory and efficiency demands.

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IBM Journey to AI blog

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

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IBM Journey to AI blog

MAY 8, 2024

At IBM Cloud, we are committed to helping enterprises across industries leverage hybrid cloud and AI technologies to help them drive innovation. For those in even the most highly regulated industries, we have seen these challenges continue to grow as they navigate changing regulations.

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IBM Journey to AI blog

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. IBM Consulting is uniquely positioned to provide exceptional FinOps and TBM services, from strategic planning to operating model implementation and managed services.

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IBM Journey to AI blog

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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IBM Journey to AI blog

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

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IBM Journey to AI blog

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Founded in the UK in 2020, MySocialPulse has continued to scale its business by leveraging both cloud and AI technologies from IBM.

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IBM Journey to AI blog

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

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Unite.AI

SEPTEMBER 12, 2023

.” A comprehensive exploration into the myriad use cases of Generative AI, this dossier isn't just a document; it's a testament to the transformative potential of this technology across multiple industry verticals. Financial Realm In the financial realm, Generative AI emerges not just as a tool but as a genuine game-changer.

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Marktechpost

MAY 12, 2024

Discover the best AI Fraud Prevention Tools and Software for detecting payment fraud, identifying identity theft, preventing insurance fraud, addressing cybersecurity threats, combating e-commerce fraud, and reducing banking and financial fraud. Its major goal is to help internet businesses battle fraud, develop trust, and accelerate growth.

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IBM Journey to AI blog

JANUARY 10, 2024

To address these concerns the industry is embracing container runtime environments to abstract away infrastructure. As such, the industry continues to move away from traditional moat-and-castle strategies towards zero trust-based architectures that micro-segment environments to minimize attack surfaces.

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Unite.AI

MAY 1, 2024

The company posted record-breaking revenue and net income figures, highlighting its continued dominance in the tech industry. Alongside the impressive financial results, Amazon also unveiled its latest innovation, Amazon Q, their generative AI assistant that just became generally available. billion from $3.17 billion in Q1 2023.

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IBM Journey to AI blog

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

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Unite.AI

SEPTEMBER 6, 2023

Naré Vardanyan, Co-Founder & CEO of Ntropy , a platform that enables developers to parse financial transactions in under 100ms with super-human accuracy, unlocking the path to a new generation of autonomous finance, powering products and services that have never before been possible.

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IBM Journey to AI blog

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. It also offers the industry’s only Keep Your Own Key (KYOK) for data encryption at rest.

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IBM Journey to AI blog

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

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IBM Journey to AI blog

DECEMBER 1, 2023

This relatively new system offers a centralized platform with applications to manage all aspects of your business from supply chain management to inventory management to financial management. Some ERP software providers may also provide industry-specific ERP solutions or modules.

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Unite.AI

APRIL 3, 2024

In the process, A8 has built the industry’s first “Efficient Frontier” middleware for LLM. How does Autonom8 uniquely address the needs and challenges of the BFSI (Banking, Financial Services, and Insurance) sector and customer support services compared to traditional methods?

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Marktechpost

APRIL 24, 2024

Automation in modern industries often involves repetitive tasks, but the challenge arises when tasks require flexibility and spontaneous decision-making. In many sectors, particularly financial services, dynamic workflow automation is critical. Researchers at J.P. Check out the Paper.

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Unite.AI

FEBRUARY 25, 2024

The Mobile World Congress (MWC) is the world's largest exhibition for the mobile industry, spearheaded by the GSMA (Global System for Mobile Communications Association). This melting pot of expertise and perspectives fosters collaboration, partnerships, and the exchange of ideas, driving the mobile industry forward.

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Unite.AI

FEBRUARY 16, 2024

Numerous registrars offer varying levels of service, pricing, and additional features, making the choice far from straightforward. Namecheap Namecheap, an ICANN-accredited domain registrar established in 2000 by Richard Kirkendall, has grown into a leading figure in the domain registration industry. domain can be a daunting task.

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Unite.AI

OCTOBER 6, 2023

The evening focused on engaging discussions about AI's influence across industries—how it's honing data-driven decision-making, enhancing operational efficiency, and enriching customer experiences. Across industries, the benefits are wide-ranging. As we continue in the Age of AI, what were some key takeaways for enterprise leaders?

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IBM Journey to AI blog

AUGUST 17, 2023

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. This technology has numerous potential applications in the financial services industry, supply chain management, voting systems and more.

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NVIDIA

MARCH 19, 2024

The winners of the NVIDIA Partner Network Americas Partner of the Year awards have helped customers across industries advance their operations with the software, systems and services needed to integrate AI into their businesses. Three new categories were created this year.

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Unite.AI

FEBRUARY 16, 2024

Numerous registrars offer varying levels of service, pricing, and additional features, making the choice far from straightforward. Namecheap Namecheap, an ICANN-accredited domain registrar established in 2000 by Richard Kirkendall, has grown into a leading figure in the domain registration industry. domain can be a daunting task.

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NVIDIA

JANUARY 11, 2024

The financial services industry is undergoing a significant transformation with the adoption of AI technologies. NVIDIA’s fourth annual State of AI in Financial Services Report provides insights into the current landscape and emerging trends for 2024. Companies are already seeing results.

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IBM Journey to AI blog

JANUARY 12, 2024

The integration of artificial intelligence (AI) has ushered in a new era of technological progress, offering a spectrum of benefits across industries. However, as AI services find a home in cloud platforms, the issue of data confidentiality takes center stage. Not even IBM Cloud administrators have access.

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IBM Journey to AI blog

AUGUST 1, 2023

Whether it’s addressing customer demands for seamless digital experiences or helping clients navigate complex industry regulations, IBM Cloud is committed to helping clients drive innovation today while preparing them for tomorrow.

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IBM Journey to AI blog

APRIL 18, 2024

A world where computer minds pilot self-driving cars, delve into complex scientific research, provide personalized customer service and even explore the unknown. On a smaller scale, some organizations are reallocating gen AI budgets towards headcount savings, particularly in customer service.

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Unite.AI

SEPTEMBER 13, 2023

But the processes that take place behind the scenes to enable these impressive capabilities can make it risky for sensitive, government-regulated industries, like insurance, finance, or healthcare, to leverage generative AI without employing considerable caution.

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Marktechpost

APRIL 2, 2024

Below mentioned are a few firms Using AI in finance: Kensho Technologies : Based in Cambridge, Massachusetts, Kensho Technologies is pioneering in applying artificial intelligence and machine learning to the financial sector. Its software, characterized by integrating ML, cloud computing, and NLP, simplifies complex financial questions.

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Unite.AI

FEBRUARY 19, 2024

So why is this recently expounded phenomenon surprising industries? Existing scholarly works predominantly present the theoretical foundations of Robotic Process Automation (RPA) or its industry-specific implications within specific domains, notably finance, manufacturing, or healthcare.

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IBM Journey to AI blog

DECEMBER 5, 2023

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. A recent forecast by the research analyst firm IHL Group predicts that generative AI will have a total financial impact of USD 9.2

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Flipboard

AUGUST 1, 2023

In fact, research shows AI can help boost customer satisfaction when it’s used to offer customers more personalized solutions or to help human employees provide better service than they would without the technological assist. Some examples of companies experiencing early success with this are in the financial services industry.

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Unite.AI

DECEMBER 26, 2023

By providing indemnification against copyright lawsuits for users of its generative AI chatbot, Claude, and other enterprise AI tools, Anthropic aligns itself with industry giants like Google and OpenAI, positioning itself as a strong contender in the competitive AI market.

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IBM Journey to AI blog

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. CaixaBank is continuing its initiative to increase cloud absorption.

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