https://www.finextra.com/newsarticle/43670/jpmorgan-chase-dominates-ai-research-in-banking
Month: February 2024
The Banking & Payments Show: AI in banking 2024
“On the podcast we discuss what to expect as banks deploy more AI in 2024. We chat about several use cases for AI, like customer service and chatbots, personalized banking services, fraud detection and prevention, credit scoring and risk assessment, as well as personalized marketing. In “Place Your Bets,” we distribute 10 points to four…
BRINGING TRANSPARENCY TO AI IN BANKING
“Make the transition from opaque, closed-off strategies to clear, understandable tactics through explainable artificial intelligence (XAI). Some banks are already leading the way. J.P. Morgan Chase, for example, has its Explainable AI Center of Excellence (XAI COE) to bring researchers together to advance XAI objectives. By embracing XAI, banks can unlock several benefits: https://internationalbanker.com/technology/from-black-box-to-open-playbook-bringing-transparency-to-ai-in-banking/
EPAM: 96% of Consumers Happy With AI in Banking
Transactions: U.S. Bank, Pagaya join forces for AI-driven underwriting
“U.S. Bank is using technology company Pagaya to leverage its AI-driven underwriting for personal loans to consumers. Pagaya’s AI-powered credit decisioning platform will conduct a secondary review for consumers who are usually locked out of the credit market, according to the bank’s Feb. 15 release.” https://bankautomationnews.com/allposts/retail/transactions-u-s-bank-pagaya-join-forces-for-ai-driven-underwriting/