AI Articles and Analysis in Finance

The banking sector has come a long way from the days of standing in lines to withdraw cash or report an issue. Today, customers just tap on a phone screen for most of a customer's needs. According to a survey published last year by Oracle, 56% of customers believe their customer experience has improved the most in the last two years with new entrants like digital wallets and digital payments. 

The advent of big data and the promise of AI signal a revolution in efficiency for wealth managers. Wealth management is "all about the numbers," and AI technology can uncover patterns and crunch numbers better, faster and more accurately than any human. Yet to look at AI in wealth management as one big calculator and data repository is to miss the mark.

AI plays a more significant role in our lives every day, and cybersecurity is hardly an exception – for both the "cat" and "mouse" sides of the table. According to a study from the Ponemon Institute in partnership with Accenture, cybercrime alone cost financial services firms $18.5 million on average in 2018.

This article was not sponsored, but draws upon a webinar sponsored by Uniphore. This article was written, edited, and published in alignment with our Emerj sponsored content guidelines. Learn more about our thought leadership and content creation services on our Emerj Media Services page.

DBS Bank is a Singaporean multinational banking and financial services company. The bank has over 150 branches in Singapore alone and by total assets, DBS is the country’s largest bank.

This interview analysis is sponsored by SambaNova Systems was written, edited, and published in alignment with our Emerj sponsored content guidelines. Learn more about our thought leadership and content creation services on our Emerj Media Services page.

Payment Card Industry (PCI) compliance is a rite of passage for emerging businesses, or at least a compelling marketing narrative for those who take the initiative to achieve certification before partners, future deals and business circumstances demand it.

Starting an early AI project is challenging for large and small enterprises. Perhaps no industry is more aware of these challenges than the highly regulated and especially tradition-oriented financial services sector.