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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Almost 33% of respondents claim that machine learning can lead to improved customer experience.

Banking 144
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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. Cao referred to an undisrupted financial services system running on a strong infrastructure foundation that is built to accelerate the industry’s digital and intelligent transformation journey.

Banking 59
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Innovating Services for a Digital, Intelligent Future

CIO Business Intelligence

At the same time, Artificial Intelligence (AI) is quickly becoming recognised as a keystone for future growth. Facilitating next generation banking in Myanmar During “Digital Transformation creates value and Intelligence guides us to the future” session KBZ Bank shared their journey to offer mobile payments to every person in Myanmar.

Banking 125
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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. Given existing relationships with Webster Bank, that includes AWS and Microsoft. User behavior could change so much that people don’t think of banks, but the payment app they are using,” says Nafde.

How To 131
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. We’re at a critical time for digital transformation.

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Top 8 predictive analytics tools compared

CIO Business Intelligence

Predictive analytics tools blend artificial intelligence and business reporting. Supports larger data management architecture; modular options available. Turning good artificial intelligence algorithms into productive insights is the main goal of H2O.ai’s AI Cloud. What are predictive analytics tools?

Tools 137