https://insideainews.com/category/industries/ai-for-financial/ Illuminating AI's Frontiers: Your Go-To News Destination. Mon, 12 Aug 2024 16:31:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://insideainews.com/wp-content/uploads/2024/06/iain-favicon.png https://insideainews.com/category/industries/ai-for-financial/ 32 32 136462205 https://insideainews.com/2024/08/08/data-due-diligence-is-critical-to-maintaining-compliance-and-mitigating-breaches-during-and-after-mas/ https://insideainews.com/2024/08/08/data-due-diligence-is-critical-to-maintaining-compliance-and-mitigating-breaches-during-and-after-mas/#respond Thu, 08 Aug 2024 11:00:00 +0000 https://insideainews.com/?p=35681 In this contributed article, Fredrik Forslund, Vice President and General Manager of International Sales for Blancco Technology Group, emphasizes the importance of adhering to cybersecurity and data governance best practices prior to an M&A to prevent a data breach and ensure the protection of an organization’s customer and corporate data.]]> https://insideainews.com/2024/08/08/data-due-diligence-is-critical-to-maintaining-compliance-and-mitigating-breaches-during-and-after-mas/feed/ 0 35681 https://insideainews.com/2024/07/29/couchbase-study-financial-services-organizations-ramp-up-for-genai-despite-infrastructure-concerns/ https://insideainews.com/2024/07/29/couchbase-study-financial-services-organizations-ramp-up-for-genai-despite-infrastructure-concerns/#respond Mon, 29 Jul 2024 10:00:00 +0000 https://insideainews.com/?p=35631 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.]]> https://insideainews.com/2024/07/29/couchbase-study-financial-services-organizations-ramp-up-for-genai-despite-infrastructure-concerns/feed/ 0 35631 https://insideainews.com/2024/07/26/ai-in-banking-how-artificial-intelligence-is-used-in-banks/ https://insideainews.com/2024/07/26/ai-in-banking-how-artificial-intelligence-is-used-in-banks/#respond Fri, 26 Jul 2024 10:00:00 +0000 https://insideainews.com/?p=35616 In this contributed article, Ishan Gupta. CEO and Co-founder of RipenApps, discusses how banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, AI is disrupting the entire banking sector in several ways. ]]> https://insideainews.com/2024/07/26/ai-in-banking-how-artificial-intelligence-is-used-in-banks/feed/ 0 35616 https://insideainews.com/2024/07/05/the-cfos-quest-in-an-ai-first-world/ https://insideainews.com/2024/07/05/the-cfos-quest-in-an-ai-first-world/#respond Fri, 05 Jul 2024 10:00:00 +0000 https://insideainews.com/?p=35499 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. ]]> https://insideainews.com/2024/07/05/the-cfos-quest-in-an-ai-first-world/feed/ 0 35499 https://insideainews.com/2024/07/02/the-importance-of-ai-in-the-financial-industry/ https://insideainews.com/2024/07/02/the-importance-of-ai-in-the-financial-industry/#respond Tue, 02 Jul 2024 10:00:00 +0000 https://insideainews.com/?p=35483 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.]]> https://insideainews.com/2024/07/02/the-importance-of-ai-in-the-financial-industry/feed/ 0 35483 https://insideainews.com/2024/07/01/announcing-insideai-news-illuminating-ais-frontiers-your-go-to-news-destination/ https://insideainews.com/2024/07/01/announcing-insideai-news-illuminating-ais-frontiers-your-go-to-news-destination/#respond Mon, 01 Jul 2024 10:00:00 +0000 https://insideainews.com/?p=35469 insideBIGDATA, the leading source for news and insights about artificial intelligence, is proud to announce the relaunch and rebranding of the publication as insideAI News. The revamped platform will offer comprehensive coverage of AI  technology and implementation strategies across multiple industries, including healthcare, security, financial services, automation, and agriculture.]]> https://insideainews.com/2024/07/01/announcing-insideai-news-illuminating-ais-frontiers-your-go-to-news-destination/feed/ 0 35469 https://insideainews.com/2024/06/11/harnessing-big-data-for-sustainable-financial-decisions/ https://insideainews.com/2024/06/11/harnessing-big-data-for-sustainable-financial-decisions/#respond Tue, 11 Jun 2024 13:01:00 +0000 https://insidebigdata.com/?p=35388 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.  ]]> https://insideainews.com/2024/06/11/harnessing-big-data-for-sustainable-financial-decisions/feed/ 0 35388 https://insideainews.com/2024/06/11/brightwave-secures-6-million-seed-round-to-launch-ai-powered-financial-research-assistant/ https://insideainews.com/2024/06/11/brightwave-secures-6-million-seed-round-to-launch-ai-powered-financial-research-assistant/#respond Tue, 11 Jun 2024 13:00:00 +0000 https://insidebigdata.com/?p=35394 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]]> https://insideainews.com/2024/06/11/brightwave-secures-6-million-seed-round-to-launch-ai-powered-financial-research-assistant/feed/ 0 35394 https://insideainews.com/2024/05/18/fintech-studios-launches-apollo-pro-and-reglens-pro-market-intelligence-and-regulatory-intelligence-apps-powered-with-conversational-generative-ai/ https://insideainews.com/2024/05/18/fintech-studios-launches-apollo-pro-and-reglens-pro-market-intelligence-and-regulatory-intelligence-apps-powered-with-conversational-generative-ai/#respond Sat, 18 May 2024 10:00:00 +0000 https://insidebigdata.com/?p=35302 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.]]> https://insideainews.com/2024/05/18/fintech-studios-launches-apollo-pro-and-reglens-pro-market-intelligence-and-regulatory-intelligence-apps-powered-with-conversational-generative-ai/feed/ 0 35302 https://insideainews.com/2024/04/02/counteracting-financial-crimes-with-generative-models/ https://insideainews.com/2024/04/02/counteracting-financial-crimes-with-generative-models/#respond Tue, 02 Apr 2024 10:00:00 +0000 https://insidebigdata.com/?p=35075 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. ]]> https://insideainews.com/2024/04/02/counteracting-financial-crimes-with-generative-models/feed/ 0 35075