Sav’s Post

Interested in how AI is changing the financial sector, specifically in advising? This article does a great job at explaining how responsibilities of the position, such as customer service, financial planning, and more, can be done more efficiently with the use of AI. Check out the link below!

Not another article on AI? 🤖 Yes, but Marqeta's Nick Holt has shared some excellent examples of practical use cases for AI and the future of financial services, beyond us folks in the industry using ChatGPT to write a LinkedIn post! 😀 (All my own work here, as is typically the case!) ➡️Nick has written about how AI will make financial services intuitive, intelligent, and personalised. Thanks to FinTech Strategy for collaborating on this! 🙏 https://lnkd.in/e9V_ukqi

In the financial services sector, fragmented initiatives often result in a lack of tangible ROI. For example, a Chief Information Officer might lead a digital transformation while the Chief Data Officer pursues separate AI initiatives, diluting the overall impact. cc: Jabin Geevarghese George StratRocket is building a future where institutions can create an integrated, holistic vision with input from all stakeholders, leading to greater leadership confidence, increased innovation success, and improved ROI. #DigitalTransformation, #AI, #FinancialServices, #Innovation, #BusinessStrategy, #Leadership, #TechInnovation, #ROI, #CIO, #CDO, #HolisticVision, #IntegratedSolutions, #FutureOfFinance, #InnovationSuccess, #CorporateInnovation

Generative AI is transforming financial services, offering opportunities for efficiency and innovation. As banks race to deploy gen AI, the right operating model can help unlock its potential. This article provides a good insight into the options you must consider while considering what operating model to implement so you can get the best result for your financial institution. McKinsey’s has surveyed with multiple institutions and found centralised works best for now and companies have got good adoption with it. But I am sure as this evolves and adopts it will become more and more decentralised. What are your thoughts about it ? What works best for you ?

Using AI for conversations with Siri, brainstorming, or figuring out how to make that email a little shorter? It can help with money management too; of the near one-third of people who have used generative AI, over half have already used it for financial activities. With incentives driving card switches, cash-back offers are the biggest incentive for consumers looking for new credit cards. Plus, consumers are holding steady on their financial outlook despite rising interest rates and high inflation, with 39% saying their financial situations are the same as 12 months ago. Check out this blog post from Todd Brown for insights on AI, banking customer trends, consumer financial outlooks, and more from the Fiserv Expectations & Experiences report.

A look at how the next generation of #AI transformation in banking is likely to play out, and what finance companies will need to do to ensure they're prepared to take full advantage of modern AI. https://bit.ly/3B2aytG

#DBSBank #DigitalBank #EverythingOnline #AI #Singapore ~~ Get the tools and insights you need to build savings, invest, and achieve your financial goals

Banking as a Service Market worth $56.45 billion by 2030, growing - openPR.com: Key factors driving market growth include technological advancements such as AI and machine learning, supportive regulatory frameworks, the rise of ...

🚀 AI is Transforming the Finance Industry! 🏧 In today's fast-paced landscape, AI and tech innovations are reshaping how we think about finance, development, and even the retail space. With interest rates on the rise, businesses are re-evaluating projects and investment strategies to stay ahead. 📈 As the demand for coding skills continues to soar, we must equip ourselves with the tools and knowledge needed for the future. The retail sector is also undergoing a digital transformation, leveraging technology to enhance customer experiences and streamline operations. 🛍️ A recent Forbes article emphasizes how generative AI (GenAI) revolutionizes banking by automating repetitive tasks and personalizing customer interactions. This is not just a tech upgrade—it's a game-changer for the industry! As we navigate these changes, remember: "In every change, there is a chance for growth." Let's seize the opportunities ahead! 🙌 #GenAI #AI #Tech #Copilot #Finance #Coding #Retail #Innovation #Growth

As the banking industry continues to evolve, the role of generative AI in shaping its landscape is becoming increasingly clear. Morrissey's insights paint a compelling picture of how this technology is enhancing customer experiences, optimizing internal processes, and fostering a culture of continuous learning. With the ability to develop new product offerings, generative AI is proving to be a valuable asset for banks looking to stay ahead of the curve. It's exciting to see how this technology is transforming the industry, and I can't wait to see what the future holds. #BankingIndustry #GenerativeAI #ContinuousLearning