There is no precedent for the impact that AI, once its full potential is realized, can have in the financial sector.
In the world of payments, large language models, pattern recognition and machine learning are playing a substantial role when it comes to advanced fraud detection, streamlined settlement and credit decisioning. But are organizations leveraging all the benefits AI can offer?
The capture and use of data, which is in need of upheaval and change, is another area where AI plays a crucial role. Financial organizations need to generate real-time insights from massive amounts of continuously growing datapoints. AI has the potential to identify areas of improvement, new revenue opportunities, and trends that might otherwise be missed, but successful AI initiatives are only possible with the right technology stack.
Watch this Finextra webinar, hosted in association with MongoDB and Amazon Web Services (AWS), to watch our panel of industry experts who will discuss the opportunities and use cases for AI in the world of payments.
Speakers:
- Gary Wright: Head of Research, Finextra
- Shiv Pullepu: Principal, Financial Services Industry Solutions, MongoDB
- Ruben Falk: Generative AI Lead, Capital Markets & Financial Services, AWS
David Park - CTO, Tietoevry Banking