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.
Much is made of the ability of Artificial Intelligence to improve business performance in many different ways and places in organisations. Financial Services as a sector is no stranger to these claim...
With Siri one button away from telling us everything Google has to offer, and Alexa making smart homes more accessible than ever, it’s transparent how artificial intelligence and voice technology in p...
The US financial regulator announced earlier this month that it has opened an investigation into claims of gender discrimination by Apple Card. Apple’s own co-founder, Steve Wozniak, tweeted that algo...
“Science, my lad, is made up of mistakes, but they are mistakes which it is useful to make, because they lead little by little to the truth,” wrote Jules Verne. This is a reprint from my recent artic...
The use of Artificial Intelligence (AI) is expanding and continually changing. The power of AI to accumulate considerable amounts of data for analytics, speech recognition, visual perception, learnin...
Finance teams are integral and essential to the smooth running of any business. It’s no longer as simple as responsibility over regulatory compliance, financial reporting, payroll, and public interest...
In a recent study it was found that the Artificial Intelligence could be a near $450 billion dollar opportunity for banks. What does this mean? It gave a clear picture of the transformation and adopti...
Complex Problem: Operational challenges Trade financing, where banks and financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that hasn...
INTRODUCTION Innovation is about changing the status quo in a way that adds value to stakeholders. To demonstrate adding value requires measurement. With this clear definition of innovation, lets app...
I work in financial services, typically quantitative technology applications. A recent employer of mine was an imagery company, providing satellite and drone-sourced data into finance and insurance. I...
The reputation of any financial services organisation rests squarely on trust, security and professional integrity. Breaches of any of these profoundly damages the belief of markets, investors and cus...
In retail banking, a bank only has one customer (or two) per account. In the corporate scenario however, there are so many more stakeholders for each account which makes service excellence far more co...