Large language models (LLMs) have revolutionized how we interact with clients, partners, our teams, and technology within the finance industry. According to Gartner, the adoption of AI by finance functions has increased significantly in the past year, with 58 percent ….
Balancing Innovation and Risk: Current and Future Use of LLMs in the Financial Industry
February 6, 2025 by
Auquan Launches AI Agent for Financial Services Sustainability Teams
February 6, 2025 by
LONDON and NEW YORK — Feb. 6, 2025 — Auquan, a maker of generative AI solutions for deep work in financial services, today announced the launch of its Sustainability Agent, which Auquan said is the first AI agent purpose-built to liberate sustainability teams from tedious and time-consuming manual work. One-quarter of the top 25 global financial […]
How Generative AI is Shaping the Next Wave of Innovation
November 18, 2024 by
In this contributed article, Harikrishna Kundariya, co-founder, Director of eSparkBiz Technologies, discusses how generative AI is emerging as a revolutionary technology that is simplifying as well as reducing the cost of doing business across sectors. Generative AI is the new innovation after the Industrial Revolution that is going to bring remarkable changes in every aspect of the overall business environment.
Wealth Management Firms Expected to More Than Double AI Budgets
November 13, 2024 by
Wipro Limited, a leading technology services and consulting company, unveiled insights from its report, “AI in Wealth Management: Navigating an Evolving Data-Driven Landscape.” The report, based on a survey conducted among 100 executives in the U.S., examines how artificial intelligence (AI) is changing the wealth management landscape and emphasizes the importance of strategic investments in technology infrastructure.
Zingly Announces a Proven, Safe-AI Solution for Banks and Financial Institutions to Drive Revenue Growth with Cost Reduction
October 28, 2024 by
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, heightened expectations and pressure to […]
New Research: AI-oriented Financial Services Organizations Outperforming Peers in Business Outcomes
September 25, 2024 by
Vultr just released the latest iteration of its AI Maturity report, “Unlocking the Power of AI in Financial Services,” which covers the impacts of AI implementation in the financial services industry, and how organizations can overcome industry challenges to make the most of their AI deployment.
Aligned and Refined: The Crucial Role of Data in the AI Revolution for Financial Services
September 13, 2024 by
In this contributed article, Karthik Jagannathan, Head of Payments Advisory at Intix, discusses how companies can source, process, and optimize data to fully leverage AI, despite the challenges posed by legacy systems. This piece is important for understanding how foundational data systems can drive AI’s transformative power.
How AI Enhances Government Payment Processes – Survey Reveals Critical Inefficiencies
August 23, 2024 by
In this contributed article, Niko Spyridonos, CEO and Founder of Autoagent Data Solutions, discusses local governments and their use of AI and automation technologies. Niko is a strong proponent of such systems and he has some government survey data that shows we need to move deeper in this area.
Data Due Diligence is Critical to Maintaining Compliance and Mitigating Breaches During and After M&As
August 8, 2024 by
In this contributed article, Fredrik Forslund, Vice President and General Manager of International Sales for Blancco Technology Group, emphasizes the importance of adhering to cybersecurity and data governance best practices prior to an M&A to prevent a data breach and ensure the protection of an organization’s customer and corporate data.
Couchbase Study: Financial Services Organizations Ramp Up for GenAI Despite Infrastructure Concerns
July 29, 2024 by
Couchbase’s recent survey of 500 global IT leaders uncovered that while financial services organizations will increase IT modernization investment by a third (33%) in 2024, they still feel unprepared for growing data demands.
