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

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

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 

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.

Couchbase Study: Financial Services Organizations Ramp Up for GenAI Despite Infrastructure Concerns

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.

The CFO’s Quest in an AI-first World

A new research study with HFS Research from Genpact (helping leading finance organizations with digital transformation) found that leading CFOs expect AI to be the “future” of their company. The CFOs surveyed – including chiefs from HP, HSBC, Trinity Health and more – see the biggest potential for data analysis, customer integration and forecasting, but also expressed concern about how to take the next step. 

The Importance of AI in the Financial Industry

In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI has emerged as a transformative force across various sectors, and the financial industry is no exception. With its ability to process vast amounts of data, uncover patterns, and make predictions with unprecedented accuracy, AI is reshaping how financial institutions operate, manage risks, and serve their clients. This article explores the multifaceted impact of AI in the financial industry, highlighting its critical role in enhancing efficiency, improving decision-making, and fostering innovation.

Harnessing Big Data for Sustainable Financial Decisions

In this contributed article, freelance writer Ainsley Lawrence suggests that in the financial sector, decision-making often comes with a higher degree of risk, but with insights provided by big data, those risks can be mitigated, leading to increased revenue and enhanced efficiency. 

Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant

Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors including executives from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI and finance infrastructure, co-founders Mike Conover and Brandon Kotara have over 20 years combined experience building AI and machine learning products

FinTech Studios® Launches Apollo PRO® and RegLens PRO® Market Intelligence and Regulatory Intelligence Apps Powered with Conversational Generative AI 

FinTech Studios Inc., a leading Gen AI platform for enterprise search, market intelligence and regulatory intelligence, announced Apollo PRO and RegLens PRO, the most advanced generative AI enterprise search, market intelligence and regulatory intelligence apps that includes a “conversational chat” interface and contextually relevant “suggested prompts”, seamlessly integrated with millions of authoritative sources of web and enterprise content.

Counteracting Financial Crimes with Generative Models 

In this contributed article, editorial consultant Jelani Harper discusses generative models, synthetic data, and combating financial crimes. Generative models are gradually reshaping the nature of financial crimes. They can help and hinder both investigators and the fraudsters perpetuating criminal activity.