Jim Marous and I recently recorded this for the Banking Transformed podcast… “On today’s Banking Transformed podcast, I’m thrilled to be joined by Brandon McGee, Chief Digital Strategy Officer at A+ Federal Credit Union, who is spearheading their ambitious efforts to reimagine members’ digital experiences. Brandon has a 30-year legacy in banking and technology, having…
Tag: ai Banking
ChatGPT Will Become ‘ChatOMG!’ in 2024, Forrester Predicts
“In announcing the ‘Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,’ President Biden spoke of requiring companies to prove that ‘their most powerful systems are safe before allowing them to be used.’ He said this would include sharing the results of independent testing. His speech did not give details,…
The future of banking is AI
“AI algorithms can identify correlations between different types of data and discover insights that would otherwise go unnoticed. ‘This makes it possible to uncover valuable trends and new opportunities more quickly than ever before,’ he adds. Think about it like this: ‘Using AI and machine learning, these organizations can monitor for specific activities, like marriage,…
Elon Musk does not want people to have a bank account, says X will take care of all financial needs
“As per The Verge report, X will be able to take care of anything financial by the end of 2024. According to an audio of the meeting obtained by the company, Musk told his employees, ‘When I say payments, I actually mean someone’s entire financial life. If it involves money. It’ll be on our platform….
OCBC Bank to Deploy Generative AI Chatbot Globally After Successful Trial
“OCBC Bank is set to revolutionize how its employees work by rolling out a generative AI chatbot, OCBC ChatGPT, globally. This groundbreaking move follows a successful six-month trial involving approximately 1,000 OCBC staff across various functions, including investment research, product management, and marketing. During the trial, employees harnessed OCBC GPT to streamline tasks such as…