GenAI could add between $200 bn to 340 bn in value across the global banking sector, according to McKinsey.
Where in treasury and trade finance is this being unlocked? Listen and subscribe to our Trade and Treasury Now series.
Details👇🏻
This podcast offers valuable insights at the intersection of trade finance and generative AI (GenAI). Thanks to all the contributors for their valuable input
Here are my key takeaways:
Best Practices for GenAI in the Finance Industry:
➡️ Fraud Detection: Leveraging historical data to identify patterns of fraudulent transactions.
➡️ Eligibility Checks: Assessing credit line eligibility and monitoring limit caps effectively.
➡️ Customer Service Differentiation: Tailoring services to the needs of different customer types, such as SMEs and large corporations.
Main Challenges:
‼️ Interoperability
‼️ Data Security (in case of sharing 3rd parties)
‼️ Identifying meaningful use cases that align with strategic goals and deliver a strong ROI—avoiding attempts to replace legacy systems with GenAI.
Key Ingredients for Success in GenAI:
✅ Deep domain expertise
✅ Understanding of what you should do or not do with AI Expert on technology,
✅ Building right balance for engineering the process.
T3i Partner Network combines trade, treasury, and technology expertise, backed by a team of over 60 seasoned professionals. With hands-on experience in GenAI use cases, T3i Network is well-equipped to deliver innovative solutions in this evolving space.
#GenAI#Tradefinance
Exciting News!
We’re thrilled to announce the launch of our new podcast, powered by the cutting-edge technology of ElevenLabs!
Our daily podcast delivers the latest updates and news in the financial world, bringing you valuable insights and expert advice. With ElevenLabs’ state-of-the-art AI voice technology, enjoy crystal clear audio and engaging content anytime, anywhere.
Subscribe now and stay ahead in the world of finance!
#EquityAI#AI#GenAI#FinancialAI#Podcast#ElevenLabs#Fintech#Innovation#FinanceNews
In this clip from our "At the Forefront" podcast series, Steven Dooley of Convera discusses advances in the cross-border payments space, aiming to achieve near real-time transactions. Catch the full episode here: https://hubs.la/Q02NwKTx0
Interesting episode of the The Intelligence podcast this morning from The Economist looking at the rapid growth of AI and whether we're in bubble territory or not.
My take? Hard to say that we might not be approaching some market risk. There's been a ton of market cap growth, mostly driven by potential rather than actual revenue and profits. It's easy to see investors thinking that it they've gotten all they can out of the market and pulling back or seeing some or a lot of consolidation.
Not sure whether we'll see a dot com bust or the sort of market consolidation that we saw at the beginning of the social media rush (when everyone was trying to set up a social media platform), but I think we're in for some change.
https://lnkd.in/dFuJzxxz
This is the first of our new 'Trade and Treasury Now' podcasts. It is a particularly useful take on the value of #GenAI in trade finance.
Many more to come
I'm making it LinkedIn offical! My long-time friend and former colleague, Adeline Ee McNary and I have launched our new venture, Autumn Group. With our editorial expertise, our boutique content and communications consultancy aims to help companies enhance their communications by turning complex topics into captivating content.
A heartfelt thank you to our clients, partners and friends who have supported us in this journey.
Our latest project is a new podcast we’ve launched in partnership with T3i Partner Network - "Trade and Treasury Now." Each episode will explore topics and trends that are transforming the industry. Details👇
To kick off our “Fintech Focus” podcast, Joseph Kamyar and Azad Ali discussed regulators’ impact on fintech companies, including how the PRA expects new and growing banks to shift their governance approach over time.
Listen to the full episode here: https://lnkd.in/gtAtny5q
Subscribe to Fintech Focus on Apple Podcasts, Spotify or anywhere else you listen to podcasts.
#fintech#neobanks#financialtechnology#financialservices