Once a bastion of stability, the banking industry now finds itself navigating a complex world of evolving risks. From economic uncertainty and geopolitical tensions to AI advancements and climate crises, the industry is navigating a whirlwind of risks that show no signs of slowing down. What worked in the past
Not too long ago, whenever I heard the word ‘hackathon,’ I thought of Wreck-It Ralph from the Disney movies. Ralph was a video game character tasked with wrecking buildings, while Fix-It Felix would repair them. In Wreck-It Ralph 2, Ralph broke the internet. I used to think hackathons were only
Every year, as Data Privacy Week sharpens the focus on protecting personal information, I’m reminded of a customer event a major North American bank hosted at SAS world headquarters. The bank’s chief data officer led a roundtable discussion on generative AI (GenAI) with a group of esteemed data and AI experts. The
Let’s face it – early AI rollouts have been anything but smooth. Standout examples include McDonald’s attempt at using AI to take drive-through orders, which caused customers to plead with the AI to quit adding Chicken McNuggets to their orders. Or, Amazon’s AI-powered HR recruitment tool, which favored male job
Many scientists compare the universe to a network of tiny vibrating strings, smaller than subatomic particles. String theory suggests that these strings, as they twist and vibrate give rise to everything around us – matter, energy and even forces like gravity. But this idea of interconnected threads isn’t just confined
La Inteligencia Artificial está redefiniendo la tecnología y la economía global, con una inversión que superó los 90 mil millones de dólares en 2022 y un crecimiento proyectado del 36.6% anual hasta 2030, de acuerdo con el AI Index 2024 de la Universidad de Standford. Esta tecnología impulsa la transformación
We all know by now that customer experience (CX) is pivotal to any organization's success. Providing seamless, secure, personalized interactions across all customer touchpoints can be transformative. To achieve this, organizations must move beyond siloed functions such as fraud detection and credit risk management, integrating these critical areas with broader
La evolución tecnológica es imparable, y en el mundo de la analítica de datos, SAS ha liderado este cambio con SAS Viya 4. Esta plataforma supone un avance significativo en comparación con sus predecesores, SAS 9.4 y SAS Viya 3.5, al adoptar arquitecturas basadas en contenedores orquestados por Kubernetes y
En el mundo actual, donde los datos son el activo más valioso, la ciberseguridad se ha convertido en una prioridad absoluta para las organizaciones. Proteger información sensible mientras se permite un análisis avanzado y eficiente requiere plataformas que sean no solo potentes, sino también resilientes frente a las amenazas digitales.
금융기관은 다양한 업무에 조직과 더불어 여러 시스템들이 갖춰져 있습니다. 그러한 시스템에는 수많은 프로그램과 모델(로직)들이 결합되어 업무 활용의 효율성과 신뢰성을 보완해주는 역할을 합니다. 특히나 AI 모델을 많이 만들고 사용하는 최근에는 그동안 기업에서 각종 규제에 맞춰 만들어진 모델들까지 포함한 전사적 모델 관리가 리스크 관리의 중요한 부분으로 떠오르고 있습니다. 여기서, 여러분이 컴플라이언스/리스크 관리
지난 25년 동안, 대한민국의 금융기관들은 금융 감독기관과 은행, 증권사, 보험사 등 관련 기관들의 꾸준한 노력 덕분에 안정적이고 건실한 리스크 관리 체계를 구축해 왔습니다. 특히, BIS 규제를 준수하기 위한 업무 및 시스템이 정립되어 금융기관의 자본 강화, 리스크 관리 및 리스크 보고의 기본 틀이 마련되었습니다. BIS 규제는 금융기관이 안정성을 유지하는 데 필수적인
En un mundo donde la información viaja a la velocidad de la luz y las decisiones deben tomarse con precisión quirúrgica, contar con herramientas tecnológicas avanzadas ya no es un lujo, sino una necesidad. A pesar del auge de soluciones de analítica e inteligencia artificial, muchas instituciones aún no aprovechan
At the very heart of the financial world lies a commodity so vast it’s almost immeasurable ... and it’s growing exponentially with potential yet unrealized. Big data – complex structured and unstructured datasets arriving from innumerable sources – is reshaping the global banking industry. Used effectively, big data can support the delivery
An epic battle is taking place in the world of banking fraud and financial crime. Banks and fraudsters are using the latest technology, and the winner of the war has yet to be determined. While AI and GenAI hold incredible transformative potential for banks and are being used in countless
Many of us have fond memories of a Family Feud host saying, “And the survey says…!” as the game show’s answer board lit up, bringing joy or disappointment to the contestants. For some, the host who comes to mind is Richard Dawson or Ray Combs, while today’s fans likely think
En la actualidad, los modelos analíticos son herramientas esenciales para tomar decisiones basadas en datos. Desde prever tendencias hasta optimizar operaciones, los modelos analíticos dependen en gran medida de la calidad de los datos de entrada. La precisión, integridad y relevancia de estos datos son cruciales para obtener resultados confiables
De cara a 2025, la transformación de la banca global es inminente. Aunque tradicionalmente el sector ha sido cauteloso y lento para adaptarse, la incertidumbre y los desafíos recientes lo están forzando a salir de su zona de confort. La agilidad y la capacidad de adaptación se han vuelto esenciales.
Headlines about government spending often highlight eye-catching, big-ticket items like transportation infrastructure projects or military equipment. However, smaller expenses also accumulate – significantly and often undetected. In fiscal year 2024, the US federal government spent $6.75 trillion on various goods, services and programs, and the UK central government spent £35.2
El lavado de dinero se continúa posicionando como una de las principales problemáticas ilegales, por su asociación con actividades ilícitas y crímenes financieros. Un reporte de Global Financial Integraty, titulado “Crímenes Financieros en América Latina y el Caribe: entendiendo los desafíos de los países y diseñando respuestas técnicas efectivas”, estimó
The global hype cycle of AI, driven in large part by ChatGPT, is dying down and real-world artificial intelligence (AI) adoption and application are taking hold. Early adopters are reaping rewards, and AI leaders are driving significant change in their business models. Banking as a sector was quick to grasp
En la era de la transformación digital, la velocidad, la escalabilidad y la rentabilidad no son solo indicadores de desempeño; son factores decisivos que permiten a las empresas mantenerse competitivas. Hoy, en SAS, nos enorgullecemos de ver cómo nuestra plataforma de IA y analítica, SAS Viya, no solo cumple con
Cada vez más los datos se han convertido en el corazón de todas las operaciones empresariales. Sin embargo, gestionarlos de manera eficiente y convertirlos en información valiosa sigue siendo un desafío. Una buena gestión de datos es esencial para garantizar resultados confiables, éticos y libres de sesgos; que a su
As we peer into 2025 looking for signs of what’s to come, one thing is certain – the global banking industry will continue its evolution. Historically, banks have responded to change more slowly; the industry’s risk-averse culture drives a calculated and measured approach. However, the volatility, uncertainty, and challenges of
The commercial real estate crisis is looming for insurers and banks. Learn how AI decisioning can help.
Actualmente el panorama económico es complicado y esto puede generar diversas incertidumbres tanto a nivel personal como institucional y gubernamental. La volatilidad financiera se refiere a la rapidez y magnitud con la que cambian los precios de activos financieros, como acciones o divisas. Estos cambios pueden ser causados por varios
La Inteligencia Artificial (IA) y la analítica se han convertido en herramientas esenciales para las organizaciones que buscan mantenerse competitivas y relevantes en el mercado. La capacidad de analizar grandes volúmenes de datos y obtener información valiosa en tiempo real es ahora más importante que nunca. Acompáñenos en este blog
En el dinámico mundo de los pagos, donde la comodidad y la rapidez son la norma, el fraude ha evolucionado a la par. Los delincuentes utilizan tecnologías avanzadas para preparar estafas, poniendo en riesgo la seguridad financiera de millones de usuarios. Para enfrentar este desafío, la industria financiera está recurriendo
In financial services, the onboarding journey takes on heightened significance. It’s not just about welcoming new customers—it’s about safeguarding their information, validating identity, mitigating risk, ensuring regulatory compliance, and making a great first impression. To achieve these goals, modernizing the decisioning process is crucial. In fact, decisioning lies at the
Neste ano, mais uma vez o SAS participará do evento FEBRABAN TECH, que acontece de 25 a 27 de junho, em São Paulo, no Transamérica Expo Center. Levaremos ao evento as últimas novidades de dados e IA para o setor financeiro, com uma novidade: dez palestras no estande sobre os
A recent SAS survey revealed that 80% of business leaders are anxious about GenAI's data privacy and security implications Owing to these and other concerns, Wells Fargo Chief Data Officer Brian Gibbons and an esteemed panel of AI experts, hosted by Wells Fargo Technology Banking, addressed an audience of the
