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Browsing: Ai In Finance

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FMA publishes study on AI in financial services

September 11, 2024

Today, the Financial Markets Authority (FMA) has released a study into the use of artificial intelligence (AI) in the financial services sector in New Zealand. The study was conducted as part of the FMA’s Occasional Paper Series and examines how AI is currently being used in New Zealand financial services and how AI could be

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Healthcare Financing NewsPatient outcomes and safety are at the heart of clinical AIAtlantic Health System, which had a “maybe AI-first” approach, is shifting to an AI-first approach, says Sunil Dadlani, chief information officer and…11 hours ago

September 11, 2024

Healthcare Financing NewsPatient outcomes and safety are at the heart of clinical AIAtlantic Health System, which had a “maybe AI-first” approach, is shifting to an AI-first approach, says Sunil Dadlani, chief information officer and…11 hours ago

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AI exuberance masks broader weakness in tech sector, investors say

September 11, 2024

Stay informed with free updates Simply sign up for the Technology sector myFT Digest – delivered straight to your inbox. The enthusiasm for artificial intelligence masks weakness across much of the tech sector, with many companies “still in recession” after a slowdown that began in 2022, according to investors and analysis of recent financial reports.

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Organizations Face AI, Skills Shortages, Data Integration and ESG Reporting in a Changing Industry

September 11, 2024

insight software In a fragmented software landscape, rapid technological advances, artificial intelligence, machine learning and cloud computing have exacerbated a growing skills shortage RALEIGH, N.C., Sept. 10, 2024 (GLOBE NEWSWIRE) - insight softwarethe most comprehensive provider of solutions for the CFO office, has released its 2024 Finance Team Trends ReportThe report analyzes the challenges of

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Rising cyber threats are prompting CFOs to prioritize data security and privacy, with a greater focus on planning, analysis and performance analytics (FP&A) and generational AI, according to Protiviti’s latest Global Finance Trends Survey.

September 11, 2024

Generative AI is becoming a major issue, with 44% of financial services at publicly traded organizations using the technology MENLO PARK, California, September 10, 2024 /PRNewswire/ - The pressure of new cybersecurity disclosure requirements and growing threats of cyberwarfare and extortion have propelled data security and privacy to the top of financial executives' priorities. Global

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Questioning the role of AI in financial services

September 10, 2024

Join us at our inaugural event in London in November to redefine the role of AI in financial services. Editorial This content has been selected, created and edited by the Finextra editorial team based on its relevance and interest for our community. NextGen: AI will take place on 26 November 2024 at Sancroft St Paul's,

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An AI action not to be missed

September 10, 2024

We recently compiled a list of AI News You Can't Miss. In this article, we will examine how Super Micro Computer, Inc. (NASDAQ:SMCI) stands relative to other AI stocks. Artificial intelligence (AI) is the new buzzword that is catching the attention of almost everyone on Wall Street. The sector, characterized by rapid growth, large investments,

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AI/ML Revolutionizes Predictive Analytics in Equipment Financing with Odessa’s Innovative Approach

September 9, 2024

PHILADELPHIA, PENNSYLVANIA — Odessa has introduced a cutting-edge AI/ML model designed to predict customer contract renewals with an impressive 85% accuracy rate. This development marks a step change in how companies can predict customer behaviors, manage assets, and refine marketing strategies. Historically, anticipating end-of-lease customer actions has been a challenging but critical goal for equipment

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New AI system aims to detect financial fraud

September 9, 2024

Researchers have developed a new artificial intelligence (AI) system to detect accounting fraud within individual companies and across supply chains and industries. Machine learning technique FraudGCN analyzes trends in financial data and corporate relationships to identify and predict fraudulent activity. It uses graph theory and machine learning to examine the network of relationships between companies,

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One of the biggest AI stocks of the year downgraded by JPMorgan

September 9, 2024

These have been terrible weeks for Super Micro Computer (SMCI) action. Shares of the data center server maker, seen as one of the biggest beneficiaries of the AI ​​craze this year, have fallen more than 30% since delay in its annual report in late August, shortly after short seller Hindenburg Research accused AI, champion of

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What to Expect from the AI-Filled 'Glowtime' Show

September 8, 2024

Apple (AAPL) will host its annual iPhone event at its Cupertino, California, headquarters on Monday, September 9. The company is expected to launch four new iPhones, as well as the 10th anniversary edition of the Apple Watch and new AirPods. In addition to hardware, the presentation will focus primarily on the rollout of Apple’s AI