Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Artificial Intelligence and Financial Services
"The meteoric rise of data and performance-intensive workloads like generative AI is forcing a complete rethink of how data is stored, managed and processed,” said Nick Patience, senior research ...
In the midst of economic uncertainties and emerging challenges, traditional insurance and banking business models face threats that demand adaptation as a necessity rather than a choice. While banks h...
AI is poised to revolutionize the user experience in any field, including for small businesses in Business Banking. By leveraging cutting-edge technologies and advanced data analytics, the integration...
In today's banking and fintech landscape, artificial intelligence (AI) is reshaping our industries and redefining the way we conduct business. The banking sector is no exception. Recent headlines, suc...
I recently wrote a Finextra piece entitled 3 GenAI Use Cases for Capital Markets; The Power of the Vector. In it, I discussed the increasing importance of the so-called vector database and vectors mo...
The emerging Artificial Intelligence (AI) boom has already seen a host of applications unveiled as supposedly advanced trading tools. Just this week we’ve seen the launch of Meta Trade Bot (unrelated ...
Despite customers’ concern about banks using AI, they still want to make the most of opportunities the technology offers the banking sector, new research finds. The new research focuses on the innovat...
It wasn’t so long ago that the thought of receiving financial–or any–advice from a machine would feel like something from a film, and likely heavily caveated with warnings about the robot uprising (we...
Abstract Technology and Finance are a match made in heaven. In the vast and intricate world of Finance, few areas have evolved technologically as much as FX trading over the past few decades. From bei...
It’s hard to believe that it was only in November 2022 that ChatGPT was unleashed as one of the first mass-market AI applications. With its first birthday approaching, the speed with which ChatGPT is ...
The widespread adoption of technology within the financial industry, and the heavy streams of data being poured through financial institutions daily, have meant that compliance regulations have become...
Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts. T...