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FinanceCapgemini Sales Fall Less Than Expected, but Soft Outlook Knocks Shares
FinanceFrance's LightOn Lags 2024 Revenue Target in First Results Post IPO
FinanceMorning Bid: US Exceptionalism Has a Flipside
HeadlinesDeepSeek Sparks AI Stock Selloff; Nvidia Posts Record Market-Cap Loss
Accelerating Into the Era of AI-driven Finance
Date: December 17, 2024
By Abi Wareing, Senior Manager, Airwalk Reply. The McKinsey Global Institute (MGI) estimates that generative AI (gen AI) could inject between $200 billion and $340 billion into the global banking industry yearly, representing 9% to 15% of operating profits. What we are seeing in this domain is AI’s growing ability to boost productivity, streamline operations,...
The Benefits of Implementing AI in the Insurance Industry
Date: December 13, 2024
Artificial intelligence is used in many businesses today. The insurance industry is no exception. The value of AI in the insurance sector is also unmatched. It improves customer experience and automates daily asks, improving fraud detection capabilities. There are many benefits of AI for the insurance industry. AI-based low-code insurance software has transformed how insurance...
Intelygenz Merges AI With Finance to Help Banks and FinTech Boost ROI
Date: December 10, 2024
The banking and fintech industries are at a crossroads in the new AI-driven environment. There is an opportunity for rapid deployment, smooth integration, and measurable return on investment (ROI). Traditional banks have legacy systems that need help to keep pace with consumer expectations, while fintech needs help with compliance infrastructure issues. In the middle is...
Squirro Listed Among Top 100 Financial Technology Companies of 2024
Date: November 26, 2024
Zurich, November 21, 2024 Squirro, a leading enterprise GenAI platform provider, is excited to announce that it has been listed among the prestigious Top 100 Financial Technology Companies of 2024. This recognition underscores Squirro’s footprint in the FinTech sector, where its GenAI technology is relied on at scale by a growing selection of industry leaders,...
Three Digital Transformation Trends to Watch in the Years Ahead
Date: November 20, 2024
By Dr. Hsiang-Chieh (Alex) Yang, Assistant Professor at the Hull College of Business at Augusta University Recently, JPMorgan Chase and Apple have been in talks about the former possibly replacing Goldman Sachs as the latter’s banking partner for its Apple Card. These talks are only one recent reminder that banking and finance are continuing to...
AI in Financial Services: Balancing Innovation and Operational Efficiency
Date: November 12, 2024
For businesses operating in the financial services sector, it’s a continuous balancing act between keeping the lights on and innovating to meet changing customer demands and expectations. Limited budget increases mean that more of the funds needed to invest in emerging technologies must be found within existing operations. In a recent survey of 255 CFOs...