Limiting the risky side of AI in financial services “Companies aren’t the only ones embracing AI; their employees are, too. For example, Salesforce found that 55% of employees used unapproved generative AI (gen AI) tools at work. Nearly 70% of that same population have never completed, let alone received, training on how to use gen AI…
Tag: ChatBot
AI Weekly – March 30
How banks can turn AI’s promise into real impact “To make that happen, banks must invest in core AI capabilities, such as reusable tools, machine-learning operations, and enterprise data management. In addition, many banks have found it useful to set up a “control tower” that oversees AI strategy. The control tower is a centralised entity…
AI Weekly – Mar 10
Closing the Digital Divide: Credit Unions Should Prioritize Tech Over Transactions “A common hesitation among credit unions is the fear that technology might replace the personal relationships they pride themselves on. The key here is to leverage technology to enhance — not replace — human interactions. For example, AI can analyze member behavior, transaction history,…
Ai Weekly – March 2nd
Google is ditching SMS – and will now use QR codes for Gmail account authentication “Google will instead introduce on-screen QR codes that will have to be scanned with your chosen authentication device in order to verify that it is actually you trying to log in. This potentially adds an extra layer of biometric security…
Ai weekly – Dec 8
Navigating the Generative AI Frontier: Balancing Risk and Workforce Transformation in Banking “Generative AI has been heralded as a pivotal force for innovation in the financial sector. IBM’s recent study indicates that 60 percent of CEOs in the banking sector consider generative AI a strategic priority at the enterprise level. (Interviews were conducted with 3,000…