IOSCO calls on asset managers and intermediaries for stronger AI and ML processes
Asset management

IOSCO calls on asset managers and intermediaries for stronger AI and ML processes

2w | By Anjali Kochhar

IOSCO calls on asset managers and intermediaries f...

Amid the increased use of Artificial Intelligence (AI) and Machine Learning (ML) by asset managers and market intermediaries, the International Organi...

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Tech companies' unregulated financial data business creating substantial market distortions, industry warns
Banking

Tech companies' unregulated financial data business creating substantial market distortions, industry warns

2w | By Anna Brunetti

Tech companies' unregulated financial data busines...

Tech companies’ increasingly heavy rotation into the financial sector is creating market distortions in data service provision and pricing, leading in...

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AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations
Banking

AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations

2w | By Anjali Kochhar

AFME, Capco warn against ‘localising' effects of r...

Amid an ongoing debate as to whether banks should fully embrace a global operational approach or rather opt for sharper localisation, the Association ...

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Allica, Huawei: Banks should avoid “theoretical moonshots”
Banking

Allica, Huawei: Banks should avoid “theoretical moonshots”

4m | By Aoife Morgan, Journalist

Allica, Huawei: Banks should avoid “theoretical mo...

Banks are not effectively utilising trends in consumer behaviour, according to Siri Børsum, global vice president of finance vertical at Huawei. “We l...

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Banks enhance UX by accelerating investment in digital technologies
Banking

Banks enhance UX by accelerating investment in digital technologies

5m | Profile Software

Banks enhance UX by accelerating investment in dig...

The pandemic has accelerated digital transformation in banking, leading banks to faster adopt new digital delivery models. The rise of neo and digital...

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Monkey business: Investing strategies stuck in the past
Asset management

Monkey business: Investing strategies stuck in the past

6m | By Tom Lemmon, Reporter

Monkey business: Investing strategies stuck in the...

Investment management of financial institutions remains roughly as it was 40 years ago, according to Sandro Schmid, co-founder and CEO of AI tech firm...

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AI, or a thousand shades of grey?
Asset management

AI, or a thousand shades of grey?

11m | By Russ Bryan, Director

AI, or a thousand shades of grey?

Whilst a supporter of true artificial intelligence (AI) within investment management, I do have a problem with some of the references to artificial in...

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Incumbent banks favour inhouse AI development
Banking

Incumbent banks favour inhouse AI development

1y | By Emma Olsson, Reporter

Incumbent banks favour inhouse AI development

Large incumbent banks are more likely to build artificial intelligence (AI) capabilities inhouse rather than outsource them, according to Kevin Levitt...

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Criminals of cyberspace: live by the sword, die by the sword
Banking

Criminals of cyberspace: live by the sword, die by the sword

1y | By Comarch Experts, PR & Communication

Criminals of cyberspace: live by the sword, die by...

Confinement measures have led businesses and individuals to turn to online systems – and developed a whole new green field for criminal activities. As...

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Conversational financial coaching can transform banks into better trusted advisors
Banking

Conversational financial coaching can transform banks into better trusted advisors

1y |

Conversational financial coaching can transform ba...

In the digital age, banks are looking for ways to remain relevant and distinctive. Experts believe that banks who maintain high levels of customer sat...

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Exploring AI in wealth management
Insurance

Exploring AI in wealth management

1y | By Aris Iliopoulos, Investment Management Director

Exploring AI in wealth management

However, the investment management sector heavily relies on customer preferences as well as on the ability of the sector to adjust to industry standar...

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Coronavirus may delay EU AI roadmap
Banking

Coronavirus may delay EU AI roadmap

1y | By Shannon Moyer, Journalist

Coronavirus may delay EU AI roadmap

The European Commission’s ruleset on artificial intelligence (AI) may be delayed until well after the end of the year due to the pandemic. Regul...

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When will AI-based AML be friends with European regulators?
Banking

When will AI-based AML be friends with European regulators?

1y | By Comarch Experts, PR & Communication

When will AI-based AML be friends with European re...

The scale of the problem has been demonstrated by the legislative activity of the European Parliament, which over the past five years has adopted thre...

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AI sector reacts to increased policy oversight and market uncertainty
Banking

AI sector reacts to increased policy oversight and market uncertainty

2y | By Emma Olsson, Reporter

AI sector reacts to increased policy oversight and...

Despite extreme economic uncertainty, policy makers continue attempts to regulate artificial intelligence (AI) as tech vendors adapt to the latest gui...

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How AI can bring new insight to private equity deals
Insurance

How AI can bring new insight to private equity deals

2y |

How AI can bring new insight to private equity dea...

At a time when deals are more competitive than ever and asset prices are soaring, private equity (PE) firms need to do everything they can to avoid de...

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Market contemplates AI standards amidst regulatory pressure
Asset management

Market contemplates AI standards amidst regulatory pressure

2y | By Emma Olsson, Reporter

Market contemplates AI standards amidst regulatory...

An industry-led artificial intelligence (AI) standard may be forthcoming according to Bill Wardwell, vice president of strategy and product at Bo...

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Using AI for safekeeping capital investments and portfolio optimisation
Insurance

Using AI for safekeeping capital investments and portfolio optimisation

2y | By Kimberly Espiritu, Regional Sales Manager

Using AI for safekeeping capital investments and p...

With the increasing volatility of markets and complexity of products available for investors today, wealth managers are bound to use artificial intell...

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Fraud a natural fit for AI applications
Banking

Fraud a natural fit for AI applications

2y | By Michael McCaw, Editor

Fraud a natural fit for AI applications

Detection of fraudulent activity in the payments world is the perfect place for artificial intelligence to blossom, according to Riteesh Singh, senior...

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