Artificial Intelligence

Is Generative AI successfully making inroads into the banking industry?

  • Do Generative AI tools have the power to propel banks into a new era of personalization and efficiency? 
  • Dive into how banks are utilizing the power of Gen AI, what if anything is holding them up and whether technology providers have a head start in the space.
close

Email a Friend

Is Generative AI successfully making inroads into the banking industry?

 


subscription wall for TS Pro

0 comments on “Is Generative AI successfully making inroads into the banking industry?”

Artificial Intelligence, Designing new products, Future of Investing, The Quarterly Review

The Quarterly Review: Public’s Leif Abraham on three new products, simplification, and AI-washing

  • In this edition, we check back in with Public's Leif Abraham to see how his plans to build towards guided portfolios and AI integrations in the investment flow panned out.
  • Abraham dives into how Public's new products are helping the company differentiate and crystalizing its role in the industry.
Rabab Ahsan | December 10, 2024
Artificial Intelligence, Banking, Designing new products, Innovation, Partner

The call for Gen AI and why banks are slow to answer it

  • While fintechs are rolling out AI-driven tools for wealth management and tax planning, banks remain cautious, focusing on internal productivity rather than customer-facing products.
  • Apart from the compliance hurdles banks may be facing when it comes to deploying Gen AI, another reason for their slow movement may be the perceptions of their core consumer segment.
Rabab Ahsan | November 26, 2024
Artificial Intelligence, Future of Investing

How Farther is building a wealth management platform in the age of AI

  • Farther is a technology-centric wealth management firm, with AI playing a pivotal role in differentiating the company from traditional wealth management firms and Registered Investment Advisors (RIAs).
  • However, in Farther’s framework, AI is the dependable supporting actor, essential to the storyline but never the protagonist.
Sara Khairi | November 14, 2024
Artificial Intelligence, Banking, Culture and Talent

Small bank, big moves: How a Maine-based bank is bringing over a thousand employees on its AI journey

  • Bangor Savings Bank is building employee skills in AI and data fluency, creating a workforce ready for the AI era and countering fears of job displacement.
  • The bank is using social learning, and role-based training to upskill its employees, as well as build a better foundation for its future initiatives.
Rabab Ahsan | November 05, 2024
Artificial Intelligence, Innovation, Partner

Generative AI in Finance: A Team Member or a Tool?

  • Generative AI is transforming industries like finance by streamlining data analysis, boosting creativity, and accelerating professional learning.
  • To harness AI's power effectively, financial institutions should establish clear guidelines and training to mitigate the risks of over-reliance on this technology and improve its reliability.
Sarah Hoffman | October 04, 2024
More Articles