Financial institutions operating in the EU should prepare for risk-based categorization of AI systems, strict requirements for high-risk AI applications, and transparency and human oversight mandates.

Financial intermediaries play a crucial role in the financial system, acting as middlemen between savers and borrowers. These entities - which include banks, credit unions, mutual funds, financial ...

For most financial services, AI has a wide-reaching impact on people and processes. But they must first prepare the ground, eliminate silos and empower cross-functional collaboration with modern ...

AI should be embedded into and across the entire business - from HR to Finance to Customer Service. getty. By Anuj Kumar, Industry Strategy and GTM lead for Financial Services at SAP UK ...

With the rapid advancements in AI technology, financial institutions are better equipped than ever before to fend off cyber threats. By integrating these real-world AI applications, organizations ...

Finder.com reports five ways to use AI for financial management: budgeting apps, robo-advisors, credit monitoring, AI coaching, and negotiating bills.

ORLANDO, Florida, Oct 17 (Reuters) - Technology has been the main driving force behind the evolution of financial markets in recent decades, with the explosion of automated and algorithmic trading ...

As AI adoption continues to gather momentum across the global wealth industry, financial planners are still getting to grips with the emerging technology – and while there's no final verdict yet ...

A recent Deloitte report predicts 78% of retail investors will use generative AI applications as an investment advice source by 2027. Don’t be surprised if conversations with your financial ...

Some investors had concern about how much control they had over the use of generative AI in financial advising. Not all people are comfortable with generative AI being used for any given task.

While a portion of Americans remain skeptical about artificial intelligence (AI) in their daily lives, many see it as a resource, including its ability to improve access to financial tools.. That ...