Artificial Intelligence Insights with Global Thought Leaders | AI in Financial Services
AI Guru Shailendra Kumar
#live #Youtubelive Live
In this episode of Artificial Intelligence Insights, we bring together Global Industry Thought Leaders to discuss Artificial Intelligence in Financial Services.
Joined by Imtiaz Adam, Tony Boobier and Utpal Chakraborty
• For everyone who has seen my video on AI in 2022, I mentioned that there will be more than 62 Billion dollars of investment in the AI space. So, I thought of starting a new series called “AI Insights” where I will bring together Thought Leaders from around world to help our audience understand how AI is going to impact in different industries… learn usecases, techniques, the ecosystem and much more. Today, we will talk about Financial Services as there is a lot of discussion around AI in FS with Neo Banks, Fintechs and Digital Banking.
Some of the discussing points are as follows: • Lets talk about the building blocks of AI: Importance of Edge, Federated Learning with Differential Privacy, Transformers, Explainable AI, IoT, NLP. • How pandemic has propelled the digital adoption and revolution, Including Building Digital Skeleton of Enterprises, Transforming the products and services to be suitable to be delivered through digital means, Application Modernization, Cloud Adoption, Mobile Applications, Building AI/ML Solutions and many more. What is your views on this? And how do you see this transformation happening in 2022 and 2023. And what's role of AI in this transformation. • What are the biggest challenges associated with AI / ML with regulated industries? • Where is AI heading to in 22/23? And how will that impact will it impact Financial Services and the customer?. What scope exists for AI in Fintech to be leveraged for ESG? 3. What impact will the Metaverse and 5G combined with AI have on the sector? 4. If a customer asked you to explain the results / output of a deep learning model how would you approach this problem?Banks vs. Fintechs is a hot topic today and there are a whole lot of speculations and schools of thoughts going around this topic. On one hand the fintech firms are aggressively intruding into the territories of the banks, taking over traditional banking functions; on the other hand, we are also seeing some of the success stories of fintech firms joining hands with the banks complementing each other, and thereby offering brilliant services to the customers. 5. Are FinTech companies better equipped than traditional banks? Will all the banks cope with this change? 6. In what seems to be a crowded marketplace, how do you think that Fintech startups can differentiate themselves?3) Do you think customer attitudes have changed towards the acceptable of AI as part of their banking service? 7. How FinTechs are contributing to sustainable finance or sustainability at large? 8. Will Fintech startups or digital banks pose a threat to the traditional business model of banks? 9. What struggles do the Venture Capitalists have while reaching out to the AI Fintech Startups?
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