Tag: AI

Vetting new technology and jumping through compliance hoops is nothing new for financial institutions — and implementing AI should be ...

Tech giant Google launched an anti-money laundering tool backed by AI on Wednesday for financial institutions to detect nefarious activities. The ...

It’s no secret to financial institutions that fraud is on the rise.   Seventy percent of financial institutions reported losses of ...

IBM Consulting launched its Center of Excellence for generative AI last month, where clients, including financial institutions, can look to ...

Adam Lieberman, head of artificial intelligence & machine learning, Finastra  With ChatGPT reaching 100 million users within two months of ...

Wells Fargo Chief Financial Officer Mike Santomassimo fielded criticism over stagnating consumer deposits Tuesday during Morgan Stanley’s US Financials, Payments ...

Banks can implement data risk models and AI solutions for risk mitigation as market volatility continues after Silicon Valley Bank’s ...

Traditional financial services’ fraud detection is focused on — surprise, surprise — detecting fraudulent transactions. And there’s no question that ...

The blistering pace of AI development is creating market opportunities for financial institutions while making them vulnerable to an increasingly ...

Financial institutions must consider the efficiencies and limitations of artificial intelligence when deploying chatbots as client adoption grows and regulators ...