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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. 

What does developing an AI strategy look like? Most executives openly embrace the technology and the automation possibilities within their organization. They may just need a bit of help getting started.

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.

It is not hyperbolic to state that the autoregressive language model known as GPT-3 (short for ‘Generative Pre-trained Transformer 3’) is an unparalleled evolutionary step in content creation. In fact, the potential outputs the model can produce are so advanced that many academics have cited GPT-3 as Exhibit A in calling universities to reconsider what constitutes academic plagiarism. 

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.

The AI vendor market is as diverse as the global economy itself. As AI applications evolve into every corner of our lives, so do the expertise and proficiency of the data professionals, business leaders and subject matter experts at the heart of the products and services transforming how we live and work.

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.

Actionable, decision-augmenting data can be obtained internally or externally. Of course, external data is a far richer and more diverse source, as it comprises every other piece of digital information outside of the four walls of an enterprise. 

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.