AI Articles and Analysis in Finance

Explore articles and analysis related to artificial intelligence in finance, including coverage of banking, insurance, fintech, and more.

PLUS
What Banking Leaders Think About AI - And What They're Missing 950x540

What Banking Leaders Think About AI – and What They’re Missing

The AI conversation has made it into the C-suite at large banks. Leaders from Citi to JP Morgan are considering how to respond to their competitors' press releases and looking to craft winning AI strategies and adopt low-hanging fruit AI applications in their business.

5 Ways Banking Chatbots Improve Customer Experience

5 Ways Banking Chatbots Could Improve the Customer Experience

In banking and finance, chatbots have the potential to improve the customer experience by allowing customers to check their account balances, transfer money, learn about interest rates, change their billing addresses, and more.

Artificial Intelligence for Digitizing Claims Processing - A Brief Overview

Artificial Intelligence for Digitizing Claims Processing – A Brief Overview

Many large insurers are finding ways to digitize parts of their business process in preparation for future projects involving machine learning. This is especially true in claims processing, which could become faster and less error-prone if claims adjusters did not have to search through large amounts of data or paper documents manually.

Top 3 Most Funded AI Startups in Insurance – An Overview

Top 3 Most Funded AI Companies in Insurance – An Overview

Several key insurance carriers began to experiment with AI in the last decade, including Progressive, All-State, and State Farm. Although not as large as the banking and retail industries, the AI vendor landscape in insurance is growing.

Innovating With AI and Data Science in Insurance - Strategies For Success

Innovating With AI and Data Science in Insurance – Strategies For Success

In the past, we’ve explored the need for insurance companies to adapt to millennial buying preferences through customized policy offerings and a more personalized customer experience. AI could help to these ends, but how could insurance carriers reach this point of AI transformation?

Conversational Interfaces as Weapons of Mass Engagement - 6 Banking Use-Cases

Conversational Interfaces as Weapons of Mass Engagement – 6 Banking Use-Cases

The thoughts and opinions expressed by the author of this piece and the interviewee, Maruf Hossain, are entirely their own and do not reflect the opinions, views, or stances of the companies at which they work.

Artificial Intelligence at HSBC - Internal Products and Investments

Artificial Intelligence at HSBC – 2 Use-Cases

HSBC Holdings is a multinational banking and financial services holding company and is ranked 99th on the Fortune 500 list. The bank has worked with multiple AI vendors and provided evidence of success that other top banks lack. According to our AI Opportunity Landscape research on how the top global banks are using AI, besides Deutsche Bank, HSBC is the European bank with the most AI initiatives. HSBC's AI initiatives account for 12.5% of the AI initiatives at the European banks in our analysis. 

AI Startups for Auto Lending - 2 Well-funded Examples

AI Startups in Auto Lending – 2 Well-Funded Examples

The auto-lending industry stands to benefit from artificial intelligence in much the same way as insurance companies, particularly when it comes to underwriting and risk management. According to Deloitte, nearly $500 billion in new loans and leases are originated annually, and 86% of new car purchases rely on borrowed money. In this article, we discuss how AI startups aim to facilitate different processes within the auto-lending industry, looking to two well-funded startups as examples of what's possible in the space:

Finance

Explore articles and analysis related to artificial intelligence in finance, including coverage of banking, insurance, fintech, and more.