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Practical AI Applications in Banking and Finance

August 30, 2024
in DeFi
Reading Time: 2 mins read
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In at present’s Streamly Snapshot, we’re bringing you two conversations that supply a view into real-life AI use circumstances within the monetary providers area. Whereas it’s seemingly inconceivable to do enterprise with out operating right into a dialogue on AI, separating what’s hype from what’s sensible and helpful will be tough. And since AI growth is quickly and continuously altering, leaders have a good greater problem when utilizing AI to get forward.

Right now, we’re that includes two conversations from specialists in each AI and fintech who provide their views on how corporations can apply AI in sensible use circumstances.

First, Sarah Hinkfuss, Accomplice at Bain Capital Ventures, talks about how banks are at the moment leveraging AI to resolve precise issues, provides examples on how AI is enhancing the shopper journey, appears to be like at how corporations can guarantee transparency when implementing AI, addresses misconceptions round AI, and discusses methods to navigate the challenges round utilizing AI.

Subsequent up, Vivian Yeung, Govt Vice President, Cheif Digital & Know-how Officer at Fremont Financial institution, examined what AI in motion appears to be like like. Yeung supplied examples on how AI is getting used to enhance the shopper expertise throughout completely different industries and the way monetary providers are getting used to personalize the shopper expertise. She additionally takes a glance into the way forward for the shopper expertise and considers the moral implications of AI implementation.

For extra of a lot of these insightful movies, try Streamly.com.

Photograph by Wallace Chuck


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Tags: ApplicationsBankingFinancePractical
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