In 2025, Canadian financial institutions will continue using artificial intelligence (AI) to improve backend efficiencies and start using generative AI to serve consumers, according to Sam Sebastien, vice-president and Canada country manager for Google Cloud.
Data Analytics & AI Lead for Strategic FSI @ Google Cloud | Accelerating data-driven business outcomes
Google Cloud outlines 4 key #AI investments for banks in 2025 Banks that deliver hyper-personalised experiences will steal marketshare and deliver outsized revenue growth. Read more 👉 https://goo.gle/3BwWwB6
Executive Director | Digital Enablement | AI Solutions | Company Benchmarking | Technology
Citi's recent move to shift part of its operations to Google Cloud is just the early stages of the AI revolution in banking. From enhancing risk monitoring to improving client interactions and creating efficiencies for banks, AI is reshaping the industry. Stay ahead of the curve and embrace the future of banking with AI. How is your institution planning on adopting AI / GenAI? https://lnkd.in/eyhBp833
From data to decisions - The role of #GenAI in next-gen #financial technologies - https://bit.ly/3Zt6yNb | #technews #technology #futuretech #AI #ML #IT #Cloud #security #fintech
From data to decisions: The role of #GenAI in next-gen #financial technologies - https://bit.ly/4evjFl6 | #technews #technology #futuretech #AI #ML #IT #Cloud #security #fintech
There is so much talk about about #AI right now. How to use it, is it secure, does it breach ownership and copyright, why should we use it, what is it's purpose - all really good questions to which we have too few good answers. Kiran Nambiar's opinion piece below calls out the importance of AI that we identify with as we build MyFi by TIFIN. A massive problem of inclusion, access and growth that cannot be addressed by manpower alone, and an opportunity and purpose for AI, to level the playing field. Do read -->
Can #AI unlock India's #financial potential? - https://bit.ly/3WxiwmW | #technews #technology #futuretech #fintech #IT #Cloud #security
A short piece I wrote on the future of AI for Wealth #AI #Wealth #Finance #PersonalFinance
Can #AI unlock India's #financial potential? - https://bit.ly/3WxiwmW | #technews #technology #futuretech #fintech #IT #Cloud #security
The #AI blueprint: #Engineering a new era of compliance in #digitalfinance - https://bit.ly/4cXWsrd | #technews #technology #futuretech #IT #Cloud #security #fintech
PARTNER: Trading/Capital Markets/Wealth @ Capital Markets Advisors LLC brett.evans@capital-markets-advisors.com 29k followers
We have an industry tested AI regulatory reporting offering , that has been deployed with the British government, Singapore Monetary Authority, investment firms, banks, legal and other institutions. Our AI solution can be implemented for Revenue Generation, Risk Management, AML and Compliance as well as tremendous overhead savings. Our technology and approach will provide more flexible solutions faster, more cost effectively and ultimately the highest accuracy. We can emulate your specific workflow requirements and unlike other solutions, we provide full data and decision transparency. With our ability to accept and analyze data from any sources including but not limited to financials, reports, files, news and prices for analysis we can demonstrate and provide new capabilities firms need to compete and manage the increasing risk and regulatory environments. Our solution can increase the productivity of your organization teams up to 50 to 1 (as case studies of our solution have proven). interested in a chat and or demo? brett.evans@capital-markets-advisors.com
Happy to share below my latest for #BRR on AI risks in financial services.
🤝 Banking should adopt the “shared responsibility framework” used by the cloud computing sector to tackle risks posed by artificial intelligence, the head of the Office of the Comptroller of the Currency has declared. ➗ Accountability would be divided among developers, platform providers and users of AI, Michael J Hsu has proposed in a major speech. 🌥 Under the cloud computing framework, security responsibilities are successfully split between providers, such as Amazon Web Services or Microsoft Azure, and end-user customers. 🇺🇸 The Financial Stability Oversight Council and the US Artificial Intelligence Safety Institute would help develop controls for such a future safety framework, Hsu said. This would align responsibility with the capability to manage AI risks effectively. 🗣 “In the cloud computing context, the ‘shared responsibility model’ allocates operations, maintenance and security responsibilities to customers and cloud-service providers depending on the service a customer selects,” said Hsu. “A similar framework could be developed for AI.” 👀 Read more below. Story by Giada Zampano. https://lnkd.in/ewFBYU6D #ArtificialIntelligence #AI #AIregulation #bankingindustry
#GenAI could boost #bank revenues by 6% in the next 3 years, according to #Accenture report - https://bit.ly/44jQa1A | #technews #technology #futuretech #AI #IT #Cloud #security #fintech
