AI Assist in partnership with Conversica has launched the Conversica AI Sales Assistant for financial services; targeted users include alternative finance companies, merchant cash advance lenders and brokers, mortgage lenders and brokers, merchant processors, equipment leasers, debt consolidators and student loan providers; Conversica reports that the AI solution can significantly improve customer engagement specifically through follow up on incomplete funding applications. Source
According to a 2019 study by Forrester about half of financial services and insurance firms around the world are already...
With more banks implementing AI solutions the question being asked is will jobs begin to be replaced; recent reports show...
Ken Sena runs a group within Wells Fargo Securities and recently introduced an artificially intelligent equity research analyst; the bot tracks stocks and put a sell rating on Facebook and Google, two of the top companies working on artificial intelligence; Sena provides his perspective on the new bot and where it might be falling short. Source
The Bank of England report details the findings of a forum spearheaded by the Bank of England and the FCA scrutinising the merits, challenges and governance of AI within financial services.
In an op-ed in American Banker the CEO of Synchrony, Margaret Keane, discusses artificial intelligence and the impact it can...
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As the IRS confronts cuts and restructuring, fast-moving AI identity fraud is a growing threat. Can the agency meet the...
Artificial Intelligence (AI) in finance is growing but how much further can it continue? We looked at why its development is restricted.
Artificial Intelligence (AI) in finance is growing but how much further can it continue? We looked at why its development is restricted.
Artificial Intelligence (AI) is becoming ever more integrated into the financial services sector, but how much further can it continue? Data, computing and social acceptance are some of the many reasons why its growth is being restricted.