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AI Spawning New Products in Investment Business

By AI Trends Staff AI is helping to launch new products in the investment business, from new data services to new theories of investing. For example, Liquidnet recently announced plans to launch a data service for...

Financial AI Is the Missing Key to Ending Human Trafficking

By Caleb Danziger Technology has opened up a world of possibility, for good and for bad. Some enable criminals to operate on a level previously unseen, but the solution to stopping them often also lies...

Executive Interview: Vishal Gossain, VP of Global Risk Management, Scotiabank

As AI and Machine Learning Progress at Scotiabank, Challenges Include Making the “Black Box” Models More “White Boxy” Vishal Gossain, Vice President of Global Risk Management for Scotiabank, headquartered in Toronto, uses AI and machine learning...

Bjarne Berg, Principal, Tax Technology and Development, PwC US Tax Group

Self-Learning Models Seen Helping to Eliminate Mundane Work in Finance, Leaving Experienced Domain Experts to Oversee the AI Bjarne Berg, PhD, DBA, MBA, a leader in the Tax Technology and Development practice in PwC’s US...

Facial Recognition Making Its Way in Banking

By AI Trends Staff Facial recognition technology is making its way into the banking industry, used primarily for physical security and ID recognition. A handful or startups have emerged to serve the niche, the largest being Yitu Technology,...

AI at Mastercard: Here Are Current Projects and Services

Banks and financial institutions are particularly opaque when it comes to how they implement and leverage AI for their business. Mastercard is a key example of this because they use most of their AI...

Spotlight on Black Box: Who to Sue When a Robot Loses Your Fortune

Robots are getting more humanoid every day, but they still can’t be sued. So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a...

Here Are 6 Ways Conversational AI Supercharges the Bank Customer Experience

The banking and financial services industry is ripe for technological disruption. Banks are naturally experimenting with AI (artificial intelligence) to automate traditional day-to-day transactions, while insurance companies and financial advisors are chasing alpha by...

How The World’s Biggest Banks are Doubling Down on AI

When we think of companies at the forefront of technological innovation, global financial institutions don’t necessarily come to mind. Instead, massive tech giants like Amazon, Apple and Alphabet dominate the conversation around innovation and...

How AI Can Help Solve Some of Humanity’s Greatest Challenges

By Marshall Lincoln and Keyur Patel, cofounders of the Lucid Analytics Project In 2015, all 193 member countries of the United Nations ratified the 2030 “Sustainable Development Goals” (SDG): a call to action to “end poverty, protect...




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