AI

Have banks reached an AML compliance inflection point?

IBM RegTech Innovations. Nearly two years ago Lloyd Blankfein, CEO of Goldman Sachs, predicted that the demand for compliance analysts to meet the institution’s regulatory obligations would soon be leveling off: This has a Y2K feel about it – that is, we have to hire additional people because we have to get ourselves up to […]

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The next step in fintech: Collaboration

When describing the financial services industry, you often hear words like “transformation” or “evolution.” These words were commonly said during the rise in popularity of secure internet browsing, voice recognition, or mobile devices and apps. While these now ubiquitous technologies are used by practically everyone across the industry and beyond, the financial industry is still […]

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The secure digital platform for financial services innovation

Savvy leaders in the banking and financial services sector are already seeking a meaningful competitive edge that will position their organization for the future. Developing a substantive advantage will very likely focus on the execution of a compelling digital transformation agenda. The IBM Institute for Business Value (IBV) has uncovered key trends that defines this rapidly […]

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How AI is redefining financial crimes detection technologies

IBM RegTech Innovations. There is a quote in the most recent Star Wars movie, “The Last Jedi” that gets me thinking about innovation; ‘We are the spark, that will light the fire”. The Star Wars movies, books, games and mythos is a masterfully woven tapestry telling the tale of a little guy triumphing over an […]

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Demystifying AI for risk and compliance

Artificial intelligence (AI) is no longer a new idea. From autonomous vehicles to spam filters, AI is affecting our lives and the way many companies do business. A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance.  Some may see this as a no-brainer, but […]

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A defining moment of exponential impact: Building trust with banking, cloud and AI

Data, data, everywhere, but how in fact to THINK. If you’re the ancient mariner of Samuel Coleridge’s epic poem, then you know this rhyme another way, but if you’re in the banking and finance industry, then the words make total sense. As IBM CEO Ginni Rometty mentioned in her 2018 CEBIT keynote address, it is […]

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IBM FinTech at SIFMA Conference

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. From artificial intelligence and machine learning to blockchain and robotics, these technologies are beginning to transform the securities industry and are offering up some big questions involving their implementation. At the SIFMA Fintech […]

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Choosing the right chatbot vendor

When you think of technologies that are changing the way the banking industry conducts business, is your first thought chatbots? Many people think it’s cognitive computing or artificial intelligence, but when was the last time you walked into a bank; waited in line to ask your favorite bank teller a question; and grabbed a yellow […]

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In conversation: Laura Polak and Christophe Delaure

IBM RegTech Innovations. Innovating AI in user experience (UXD) to empower the first line of defense The potential applications of rapidly evolving artificial intelligence (AI) across industries continues to dominate the headlines. Opportunities for smarter solutions and more efficient applications present decision-makers with new choices in their technical strategies. One area includes the role of […]

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What the technology, process and people of a future-ready bank look like

“Your architecture is how you build trust with your customers.”  This quote from IBM Senior Vice President of Industry Platforms, Bridget van Kralingen, speaking at the Reinventing Financial Services event, captures what the day was about. On May 22, about 100 C-level executives from leading financial services institutions joined us for an all-day conference about […]

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The SIFMA Ops Report: Three trends in AI

Last week, I had the pleasure of attending a panel session at the SIFMA Ops conference in Phoenix. Leaders from UBS, Morgan Stanley, DTCC and Price Waterhouse Cooper explored where the industry was with adopting AI technologies. In what offered inside views of how leading financial institutions are prioritizing and planning AI adoption projects, the […]

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Three success factors in security operations

There are five trends that all industries are facing, but I’d argue no industry is feeling them more acutely than financial services: Shareholders increasingly demand higher margins, as customers increasingly expect more personal and convenient experiences. Digitization of Society is accelerating, with specific stress to financial services where new capabilities with new competitors will force […]

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