Tag: Generative AI

One in four workers in financial services expects reskilling or job...

Key views on financial services industry outlook on AI's workforce impact by 2030: The Cambridge Centre for Alternative Finance surveyed 259 FinTechs and traditional...

GenAI threatens investment firms from both sides

Investment firms have long sold trust as their core product, but generative AI is now testing that promise from every angle. According to ComplyAdvantage,...

AI won’t kill SaaS, it’ll kill excuses for bad RegTech

Talk of a "SaaSpocalypse" has resurfaced, with generative AI cast as the latest disruptor threatening to gut the enterprise software stack. According to Corlytics, for...

Why insurers can’t turn AI insights into action

Insurance companies are investing heavily in artificial intelligence to improve risk assessment, pricing, underwriting, claims and customer engagement. Yet having increasingly sophisticated models does...

Vertice AI launches tool to automate bank marketing

Vertice AI, a provider of AI-powered growth solutions for community financial institutions, has introduced Vertice OPTIMIZE, a new module designed to connect an institution's...

Where is generative AI creating value in insurance today?

The potential of generative AI has caused a widespread race across the insurance sector. Firms are undergoing various pilots and tests to see where...

Only 21% of banks measure AI’s revenue impact

Banks are rapidly adopting AI, but most are still struggling to prove what the technology is actually delivering to the bottom line. Research from nCino’s...

FinTechs report 86% productivity gains in tech and product, revealing an...

Key views on AI productivity impact by function across FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...

AI governance gap puts financial firms at examination risk

Financial regulators across the US, UK and UAE are converging on a single message: firms do not need to wait for AI-specific rules before...

AI won’t replace wealth advisors, it will redefine them

Wealth advisors are not being replaced by artificial intelligence, but their role is being fundamentally rewritten, according to new research from LSEG Data &...

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