trnd7’s Post

Is your bank ready for GenAI? See how 61% of financial institutions plan to leverage this technology by 2024. Check out the four key use cases that could redefine digital payments: https://bit.ly/3VJfWtu OpenWay #fintech #AI #payments #GenAI

Did you know GenAI could add $200-$340 billion in annual value to the banking industry? Dive into four groundbreaking use cases in digital payments here: https://bit.ly/3VJfWtu OpenWay #fintech #payments #digitalpayments #AI #GenAI

🚀 AI and GenAI are transforming the payments and fintech industries faster than ever before, and I had a blast diving into this exciting space as part of the panel at ETA Transact. 🧠✨ We explored how AI is making payments better, faster, and stronger—turning bold ideas into practical solutions. And yes, I couldn’t resist adding some fun to the mix with prizes everyone definitely wanted (nose flutes might just be the next big thing 🎶). Huge thanks to Ashley Usher for hosting and to my fellow panelists, including Kevin Shamoun and Leon Dusk, for bringing your insights and energy to the discussion. It’s a reminder that even in highly technical spaces, there’s always room for connection, collaboration, engagement, and a little inspirational, well-placed laugh. 🚀 Looking forward to seeing how these conversations shape the future of our industry! #AI #GenAI #Fintech #Payments #Innovation #ETATransact #Leadership #Collaboration #FintechFuture #LaughingWithFintech #PublicSpeaking #EngageAndInspire

By 2028, 22% of global non-cash transactions will be powered by Account-to-Account (A2A) payments. ⚡💳 What can be done? Banks can integrate machine learning to predict transaction patterns and use AI to boost fraud detection, ensuring A2A growth is secure and efficient. 🔒🤖 User perspective: For users, this means faster, safer payments with minimal disruptions! 🚀💼 And we could help, by the way. #addendum #Fintech #Payments #AI #A2A #BankingInnovation #DigitalTransformation

Join our webinar on how AI is transforming Financial Services and learn about the support and opportunities for fintech in Scotland. Connect or message me if you are interested in exploring what Scotland has to offer. #fintech #financialservices #AI #artificialintelligence #thinkscotland

👁️🗨️ 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

AI hallucination regulator. During the FinTech & InsurTech Digital Congress in Warsaw, Przemyslaw Koch from VeloBank S.A. shared practical insights on AI in banking. Most discussions on AI at conferences are usually abstract. But VeloBank uses a real-world solution - an AI engine with a "hallucination regulator." Depending on the query, this feature sets the AI's "hallucination" level from 0 to 10. It ensures that the AI can chat freely with clients while maintaining accuracy in critical banking operations. Kudos to the team for their cutting-edge work! 👏 How can your business implement such practical AI solutions? Let's discuss it! #Fintech #AI #CustomerService

Our role in helping financial institutions adopt #AI to build predictive models from unstructured first-party data is featured in the report "Opportunities for Generative AI in Financial Services", developed by This Week in Fintech (TWIF) in partnership with Visa. "Hyperplane, which focuses on consolidating customer information across siloed bank databases in a compliant way, to help banks invest in more well-tailored products." Make sure to follow TWIF and subscribe to their newsletter!

Artificial intelligence (AI) is here to stay and has only begun to transform the financial services industry. During the next Fintech Go-to-Market webinar, a Cooley team will review the benefits and challenges of AI deployment in this space – such as the use of chatbots and AI’s impact on fair lending – and will focus on the various applications of AI in open banking. 📆 Register for the August 15 session here: https://bit.ly/4cisfC3 #AI #fintech #CooleyREG

🚀 Bold move from Lunar! The Danish challenger bank is leading the way by using Generative AI to manage 75% of customer inquiries, showcasing how advanced AI can transform customer support in banking. This innovative approach not only boosts efficiency but sets a new benchmark for customer experience in fintech. Excited to see how this shapes the industry’s future! #Fintech #Innovation #GenerativeAI #CustomerExperience #LunarBank #DigitalBanking