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Jaja Finance, a prominent UK fintech, has made waves by launching one of the first Generative Artificial Intelligence (Gen AI) chat assistants named 'Airi'. Powered by Anthropic’s cutting-edge Claude 3 model family and hosted on Amazon Bedrock, this initiative aims to solidify Jaja's position as a leading digital lender in the UK. Airi, leveraging Amazon Web Services (AWS), promises near-human responsiveness and enhanced data accuracy. With projected reductions in customer response times by over 65%, Jaja anticipates freeing up its teams to handle more complex queries while Airi attends to routine customer enquiries, possibly up to 30% of them. David Chan Read the full news article : https://lnkd.in/gC8HVu6p CXOtv news | Techplus Media | Techplus Media Group  Kalpana Singhal | ANUJ SINGHAL | Naveen Singhal #CXOTVDailyNews / #CXOTVnews #Fintech #AI #JajaFinance #Airi #GenerativeAI #Claude3 #AmazonBedrock #AWS #DigitalLending #CustomerService #Innovation #NaturalLanguageProcessing #AIChatbot #TechInnovation #UKFintech #CreditManagement #FinancialSolutions #AnthropicAI

Embrace the future with SADA & #GenAI! 🚀🦾 In a world where FinTech and financial services are constantly evolving, staying ahead means embracing innovation. At SADA, we're pioneering the integration of Google's #GenerativeAI capabilities into your workflows, offering unparalleled customer value and cutting-edge solutions. From boosting productivity to navigating the complexities of regulatory compliance, our expertise ensures you're always one step ahead. Ready to unlock the potential of GenAI in your business? Read this blog and connect with us for a FREE Generative AI Readiness Assessment to see what’s possible. 💡📈 https://ow.ly/73hz50SIKjQ #FinTech #FinancialServices #CloudTechnology #FutureReady

It wouldn’t be a complete fintech event if we didn’t talk about AI. Let alone the best fintech event of the year 😁 Is AI a huge hype or for real? It’s not a valid question anymore in 2024. The question is how to use it more, how to continue to improve productivity. On stage right now at #DucoInnovationDay with our founder Christian Nentwich, PhD are industry leaders who have all brought AI to various industries and made huge impact: legal (Juro), financial crime (Lucinity), content creation (writer.ai) and general infrastructure enabling the global financial services community to power their AI tooling (AWS). They’re exchanging the challenges they’ve seen in rolling out their products and services, and how to overcome them. #BeADataHero #DucoInnovationDay

Embrace the future with SADA & #GenAI! 🚀🦾 In a world where FinTech and financial services are constantly evolving, staying ahead means embracing innovation. At SADA, we're pioneering the integration of Google's #GenerativeAI capabilities into your workflows, offering unparalleled customer value and cutting-edge solutions. From boosting productivity to navigating the complexities of regulatory compliance, our expertise ensures you're always one step ahead. Ready to unlock the potential of GenAI in your business? Read this blog and connect with us for a FREE Generative AI Readiness Assessment to see what’s possible. 💡📈 https://ow.ly/W2aY50TGVMR #FinTech #FinancialServices #CloudTechnology #FutureReady

🙌 Introducing YubIT, our robust AI/ML-powered DaaS solutions that are not just about data; they are about driving meaningful change. 📊 With a solid foundation rooted in deep domain expertise, we are on a mission transform human potential through human assisted intelligence in fintech using proprietary foundational models. ✅ Not only our proprietary foundational blocks for Voice, Vision, and Text modules enable us to tailor solutions specifically to the banking context but we also serve you across functions from risk management to compliance. 😁 At YubIT, our commitment to innovation knows no bounds. Stay tuned to know more about it! Gaurav Kumar | Vikas Thapar | Roshni S Nair Jain | Aaron Joshua Sullera | Nakul Gupta | Mathangi Sri Ramachandran | Jitesh Sharma | Deeksha Shetty | Karan Kohli | Karanpreet Bindra | Tushar Bharati Kovvuru | Gaurav Dabas | Siya Bhatia #Fintech #AI #Machinelearning #DataAnalytics #FinancialInclusion #innovation #YubIT

🚀 The FCA’s New AI Lab: Revolutionizing Finance with Cutting-Edge Tech! 🌐 The Financial Conduct Authority (FCA) has launched a game-changing AI Lab, set to explore AI’s transformative potential in financial services while ensuring safe and regulated adoption. The lab, starting in January 2025, will feature four key components: AI Spotlight: Sharing real-world AI applications AI Sprint: Focused on the safe integration of AI in finance AI Input Zone: A platform for stakeholders to contribute to AI regulation AI Sandbox: Testing ground for emerging AI technologies At United Kingdom Technology Corporation (UKTC), we are leading the charge in the UK tech sector, helping shape innovation that meets these new AI-focused standards. As the UK tech market grows, we are committed to being at the forefront of AI and digital transformation. As the best-funded tech sector in the UK, fintech continues to thrive, and this new AI lab will help drive further AI-driven innovations, boosting economic growth. This initiative emphasizes collaboration between tech developers, regulators, and businesses, ensuring that AI solutions can revolutionize the industry in a safe and responsible way. 🔑 Why UKTC is Leading the Way: Innovative Solutions: Developing cutting-edge AI tech that powers the financial sector Expertise in Compliance: We are at the forefront of understanding and implementing AI regulation Driving Industry Collaboration: Partnering with regulators and global firms to build a sustainable tech future 📞 Contact us at 🌐 enquiries@uktechcorp.com ☎️ 01642 989865 📩 www.uktechnologycorp.com To see how we can help you be part of the UK's digital future! #AI #Fintech #UKTech #FinancialInnovation #AIRegulation #DigitalTransformation

The #fintech sector is experiencing a significant shift with the integration of Generative AI, and a recent example comes from a European “neobank”. But how is GenAI being utilized to transform the industry?   🧑⚕️ Personalized Financial Assistance   GenAI platforms, like Finn by bunq, offer users #personalized financial advice and support. By understanding individual spending habits, GenAI can provide tailored recommendations to help users manage their finances more effectively.   📊 Advanced Data Analysis   GenAI can analyze complex financial data and provide insights in real-time, allowing users to make informed decisions about their money. This technology can answer questions about spending patterns, identify trends, and even suggest budget adjustments.   👁️ Seamless User Experience   GenAI's conversational interface creates a more engaging and intuitive user experience. Users can interact with the platform as if they were conversing with a knowledgeable friend, making banking more accessible and enjoyable.   As GenAI continues to evolve, we can expect to see more fintech companies adopting this technology to improve their services and create a better user experience. #DellTechnologies is always there to help organizations accelerate their journey to AI and develop their own finely tuned Enterprise AI solutions, minimizing the associated costs and maximizing operational benefits!   https://lnkd.in/dp75PHu2 [press.bunq.com]  #DellTechCEE #iWork4Dell  

"On the hunt for AI solutions? Review your existing tech to see what AI features are available already." - Dipal Khatri Sometimes, the answer you've been searching for is right in front of you💡 With technology progressing at an exponential rate, seemingly advanced technology is now becoming a standard for many software applications. You might be surprised to find AI features are already available in your current tools. As Dipal and the team often discover when working with new clients, there's no need to reinvent the wheel and purchase the latest shiny software. 👉🏻 Maximise your resources, save time, and drive innovation with what you already have. Need some guidance to get your technology roadmap working better for efficiency and growth? Reach out for a discussion 🔗 https://bit.ly/3RqUQ0s #finuragroup #fintech #techconsulting #businesstransformation

Rather interesting result Banking , insurance are the easier ones to see the adoption of automation/augmented use of AI, The interesting one is, however, software and platforms, and the surprise is that retail and healthcare have not been in the top order. Breaking it down further: Banking and Insurance: These sectors have been early adopters of automation and AI due to the structured nature of their data and processes. Tasks like risk assessment, fraud detection, customer service, and underwriting can be significantly enhanced through AI technologies. Software and Platform: While one might expect this sector to be highly automated given its familiarity with technology, the reason it might not be at the top could be twofold. First, there's already a high degree of automation within software development processes, but it might not always be labeled explicitly as AI adoption. Second, while certain aspects of software development can be automated, the complexity and variability of projects often require human intervention and creativity, which limits full automation. Retail and Health: These sectors might not be at the forefront of automation and AI adoption due to various reasons. In retail, while there are opportunities for automation in inventory management, personalized marketing, and customer service, there are challenges related to the diversity of products and customer preferences. In the health sector, concerns about data privacy, regulatory compliance, and the complexity of medical decision-making contribute to slower adoption, despite the potential benefits in areas like diagnostics, patient monitoring, and administrative tasks. Overall, while some sectors might seem like natural candidates for automation, the actual pace of adoption can be influenced by a variety of factors including regulatory environment, cultural readiness, infrastructure limitations, and the nature of the tasks involved. Innovation Hacks AI #LanguageModels #DataScience #Innovation #business #data #research #indiastartups #complexity #ai #openai #llm #fintech #nbfc #gartner #bloomberg #gartnerpeerinsights #aiadoption #ai4good #llmops #openai #microsoftai #googleai #aicommunity #llms #gpt4 #newrelic #dubaistartups

Data is still a HUGE challenge, for everyone - enterprises, fintechs, startups all need usable, rich data but very often don't have or can't get it. AI Simulated synthetic data solves that, pretty much immediately. Which of our datasets would be most useful to you today? #syntheticdata #machinelearning #testdata #llmops #datacompliance