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Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Around 42% percent of banks rely on personalized customer journeys to improve the customer experience.

Banking 530
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Are enterprises ready to adopt AI at scale?

CIO

AI’s ability to automate repetitive tasks leads to significant time savings on processes related to content creation, data analysis, and customer experience, freeing employees to work on more complex, creative issues. And the results for those who embrace a modern data architecture speak for themselves.

Banking 524
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The targeted approach to cloud and data CIOs need for ROI gains

CIO

Led by Pacetti, the company was able to reduce many variables in a complex system, like online sales and payments, data analysis, and cybersecurity. “We The new data frontier: AI and DaaS Emmelibri uses data as a source of business, and a visualization tool like Tableau can be an important organizational choice, says Paleari.

Commerce 448
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3 Ways Generative AI is Transforming Investment Banking

Alpha Sense BI

Investment banking has always relied on data, analysis, and deep industry expertise. Here are three key ways genAI is transforming investment banking: Research and Market Intelligence Investment banking relies on vast amounts of real-time financial data. rise in deal value and a 9.8%

Banking 64
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Financial services firms turn to automated, data-driven processes for new products and services

CIO

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade. But there’s an opportunity in this shift.

Banking 370
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How Big Data Has Changed the Financial Industry

Smart Data Collective

Limiting factors like credit scores or debt-to-income ratios can now be mitigated with a greater network of variables, and in some cases, data can help lenders personalize products for individual consumers who need them. Another breakthrough has been statistical analysis as it relates to the stock market and other investments.

Banking 361
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What is a data scientist? A key data analytics role and a lucrative career

CIO

The final results of a data scientist’s analysis must be easy enough for all invested stakeholders to understand — especially those working outside of IT. A data scientist’s approach to data analysis depends on their industry and the specific needs of the business or department they are working for.

Commerce 514