AI

DCI and DataVisor team up to help banks fight fraud

Financial fraud has increased substantially as the trend towards mobile banking and digitisation accelerates. In 2022 alone, the US Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To...

AI and financial services: three areas for executives to watch

Karen Oakland, Vice President of Financial Services Marketing, Smart Communications, speaks to us about AI, how ChatGPT benefits the industry, as well as automation is heading and some potential risks that may emerge. Artificial Intelligence (AI) is a hot...

AI will reshape the finance sector – here’s how

AI is revolutionising many sectors, including financial services. Here, Nigel Green, CEO of deVere Group, shares his thoughts about how the technology will become a key player in the industry. Artificial Intelligence (AI) is set to play an ever-increasing role...

Demystifying AI for risk modelling 

The transformative potential of Artificial Intelligence (AI) and Machine Learning (ML) in financial services, particularly in the risk management realm, cannot be denied. From navigating ongoing macroeconomic uncertainty to bolstering credit risk dec...

Microsoft highlights Zero Trust approach and mixed reality policing tools at GISEC 2023

14 March, 2023; Dubai, United Arab Emirates – Microsoft today brought a message of collaboration and resilience to GISEC 2023, where the company participated as a Strategic Partner and staged a headline showcase that has the potential to revolutionize policing. “...

61% of young people trust AI to predict financial trends 

Trust in Artificial Intelligence (AI) to improve financial knowledge and management is growing among young people, according to new data from Plum.  Its research of 2,000 UK adults found 61% of those aged 18–34-year-olds are comfortable with AI making f...

Experts predict the biggest FinTech trends for 2023  

As we move into 2023, Intergiro has revealed the predicted trends for the new year. Nick Root, CEO of Intergiro, tells us more.  The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital ...

Gartner says four actions drive finance AI success 

Four implementation behaviours are the most important in quickly delivering finance Artificial Intelligence (AI) initiatives that meet or exceed the expected impact and deliver critical finance and business outcomes, according to Gartner.  Given the...

Habito reveals an increase in mortgage fraud detection with Resistant AI solution

Resistant AI, an AI and Machine Learning financial crime prevention specialist, has announced that Habito, an online mortgage broker and lender, has reported a 30% increase in mortgage fraud detection following the implementation of its Document Forensics...

SAS is a leader in anti-money laundering says research firm report

SAS has been named a leader in anti-money laundering solutions by Forrester. The Forrester Wave: Anti-Money-Laundering Solutions, Q3 2022 evaluates the industry’s 15 most significant anti-money laundering (AML) technology providers, assessing and ranking them b...