“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…
Tag: Brandon McGee
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/
If you thought Sora was impressive now watch it with AI generated sound from ElevenLabs
“Best known for its near human-like text-to-speech and synthetic voice services, ElevenLabs added artificially generated sound effects to videos produced using OpenAI’s Sora. OpenAI unveiled its impressive Sora text-to-video artificial intelligence model last week, showcasing some of the most realistic, consistent and longest AI generated video to date.” https://www.tomsguide.com/ai/if-you-thought-sora-was-impressive-now-watch-it-with-ai-generated-sound-from-elevenlabs