G2 Risk Solutions’ Post

AI fintechs are expected to achieve rapid growth in Asia by raising $65 billion in funding by 2025, according to a recent report by UnaFinancial. This highlights increasing investor confidence in the industry, as well as interest in AI’s value to financial services. India drives this trend, making up over 41% of all AI fintech companies in Asia, as its consumers demand security and efficiency across its services, says the report. As the industry grows, we can expect to see improvements across fraud detection systems and automated financial services. Read more in Finance Magnates: https://lnkd.in/eKeqdrBJ #ICPS #Fintech

#AI and #GenAI investments in Asia/Pacific (including China and Japan) to hit $110 billion by 2028. Top sectors like banking, telecom, and government leverage AI for enhanced customer service, fraud detection, and operational efficiency. Read the press release for more information: bit.ly/AI-spend-AP #GenerativeAI #ArtificialIntelligence Vinayaka V Deepika Giri

The future of banking technology is unfolding faster than ever.  In his recent article for Forbes Technology Council, Neudesic's Josh Scriven breaks down the emerging technologies and opportunities driving the banking cores of tomorrow. Learn more: https://lnkd.in/gkyMwpBn #Banking #AI #Neudesic #fintech 

Are you facing the challenge of successfully implementing AI in the Banking and Fintech sector? Chris Brown, President USA of Intelygenz, a VASS company, our AI and deep-tech dedicated solutions company from #VASS, highlighted 5 successful strategies for implementing AI in the banking and fintech sector in an article published in FinTech Magazine. 🔗Read more in our article: https://lnkd.in/dqhiMBqi #VASSxBanking

👁️🗨️ As the EU AI Act only affects individuals, segments of business which are directly client related, such as digital lending and digital banks, are more impacted by the regulation than other segments. While the focal point of this White Paper is on customer trustworthy AI, it is important to remember that the EU AI Act applies to the deployment of AI systems that affects any EU resident. Thus, it may concern all sorts of AI systems that can be found within a FinTech company. Read more in our latest blog from Michael Charles Borrelli, Director at AI & Partners and member of the IoD Finance and FinTech Group: ⏩ https://lnkd.in/de46d7wG #FinTech #AI #AIinBusiness #UKAIAct #Finance

💡 This November's Banking Transformation Summit agenda is packed with unmissable topics, helping your organisation to unlock the potential of AI, data and digital transformation. Earlier this month, our team at MoneyNext had the chance to collaborate with BTS Sponsor Ciklum to chat about the key factors financial institutions should consider when using AI for proactive compliance, covering: 🚀 Generative AI as a tool to navigate regulations 🚀 The role of AI in predicting future compliance requirements 🚀 The strategic advantages of adopting AI-driven compliance tools 🚀 The key technological advancements needed to integrate AI into compliance frameworks See what Rishi Kathuria (L.ISP), UK Head of FinTech and Payments at Ciklum, had to say below ⬇ 🙋♀️ Interested in becoming a sponsor? Get in touch today: 📧 kevin@moneynext.tv 🔗 https://lnkd.in/e8MdU6Fk #BankingInnovation #DigitalTransformation #Fintech #AI #FinancialServices #BTS2024 #BankingSummit #Charlotte #BankingTransformation #Leadership #FintechInnovation #FinancialGrowth #Banking Emma Storr

Less regulation, more opportunity? Or more risk? Under the new EU AI Act, stricter regulations on banks aim to address the risks AI poses to the financial system. Meanwhile, fintechs face fewer restrictions, raising the question: Will fintechs capitalize on this regulatory gap to gain an edge? While the opportunity is there, long-term success in AI requires more than speed—it demands compliance and trust, which are essential for building lasting customer relationships and credibility in a highly regulated industry. BCG X's Kirsten Rulf spoke to Sifted to share her insights on this evolving landscape: https://bit.ly/3OOZzrd #ResponsibleAI #AIRegulation #EUAIAct #Fintech 

Yaacov Martin, CEO at The Jifiti Group, dives deep into the future of lending. From AI-driven workflows to the power of embedded lending solutions, discover how tech is transforming loan management cycles and bridging banks with merchants. : https://lnkd.in/dG6pFf82 #FinTech #LendingTech #EmbeddedLending #AI #LoanManagement #GlobalFinTechSeries

Banks can bridge the technology gap by building a repeatable process for qualifying and delivering new generative AI projects, writes KPMG. By taking into account the operational realities of legacy banking and the extra risks involved in a highly regulated industry, banks can match the agility and innovation of nimbler fintech players. Read more https://lnkd.in/eGqxY-Dp #AI #banking #digitaltransformation

👁️🗨️ As the EU AI Act only affects individuals, segments of business which are directly client related, such as digital lending and digital banks, are more impacted by the regulation than other segments. While the focal point of this White Paper is on customer trustworthy AI, it is important to remember that the EU AI Act applies to the deployment of AI systems that affects any EU resident. Thus, it may concern all sorts of AI systems that can be found within a FinTech company. Read more in our latest blog from Michael Charles Borrelli, Director at AI & Partners and member of the IoD Finance and FinTech Group: ⏩ https://lnkd.in/de46d7wG #FinTech #AI #AIinBusiness #UKAIAct #Finance