CIO

SEPTEMBER 29, 2023

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. According to MarketResearch.Biz , the financial services market for generative AI reached USD 847 million in 2022 and is poised to grow at a CAGR of 28.1% billion by 2032.

Finance 822

Finance Banking Intelligence Intelligence 822

CIO

APRIL 28, 2023

Hirschhorn, who joined the bank in late 2020, has worked in financial services for over three decades, during which the finance industry’s concerns about data have changed significantly. Being able to identify which of many loans have been made to the same person or company is also important for banks to manage their risk exposure.

Banking 866

Banking Finance Technology Technology 866

Smart Data Collective

SEPTEMBER 16, 2022

Therefore, companies developing fintech software prefer to provide customers with the necessary and, most importantly, in-demand services. In this article, we will look at the main trends in the field of fintech development services for 2022. KYC and AML systems, BNPL services. Top 5 Finetech Development Trends.

Finance 292

Finance Banking Startups Technology 292

Smart Data Collective

NOVEMBER 29, 2021

Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Institutions that introduce AI-powered solutions earlier than their rivals gain a significant competitive edge. For instance, people can make better decisions faster thanks to decision management systems.

Banking 279

Banking Due Diligence Finance Algorithm 279

Smart Data Collective

NOVEMBER 3, 2021

We have talked extensively about the role of AI in investment management and insurance. New software uses AI to manage bank loans. End-to-end loan management with AI. It refers to underwriting, customer onboarding, document management, analysis, and statistics. In fact, AI is the basis for the sudden boom in Fintech.

Banking 302

Banking Briefing Loss Algorithm 302

Smart Data Collective

MARCH 16, 2022

Many companies have used the blockchain system to create tertiary services, such as bitcoin wallets. You should familiarize yourself with their service if you are interested in using a new bitcoin wallet. Here’re 6 things to look for: Does the brand or company provide a real product or service? Choosing the Right Wallet.

Security 263

Security Security Banking Globalization 263

Smart Data Collective

SEPTEMBER 26, 2022

Artists and brands can get automatic royalty payments, record labels, managers, and other players in the specific niche. This is mainly for providers in the Decentralized Finance (DeFi) system and other required services that require identity verification. Similarly, businesses can create NFTs and marketplaces to trade them.

Business 67

Business Sports Gaming Technology 67