Community banks sometimes feel that they lack the budget and staff to compete with larger banks and fintechs on things like mobile and online banking, virtual assistants and most recently generative AI. Jim Perry, senior strategist at Market Insights, suggests steps they can and should take to stay relevant technology wise.
As we head into 2024, banks, credit unions and other FIs need to ensure their plans for the upcoming year address some trends which may not yet be on their radar. Hal Ramakers from Brightwell and Richard Meszaros from Visa Direct discuss the potential impact these are expected to have on cross border payment strategies.
Join us as we dissect the world of advanced fraud – categorizing it, understanding its modus operandi, and realizing the profound changes brought about by AI and ML.
The case is not really about cryptocurrency but about fraud, points out Seoyoung Kim, department chair and associate professor of finance and business analytics at the Leavey School of Business at Santa Clara University. But regulators and lawmakers are watching and the outcome of the trial will have repercussions throughout finance.
An organization's ability to make the right decisions can be greatly enhanced with AI. Successful organizations establish an operating model to gain ROI using AI.
