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Tag Archives: Artificial Intelligence

5 Important Mobile Wallet Trends You Need To Know

Over the last five years, mobile payments have grown, grown and grown some more. In 2017, wallet spending amounted to USD 1.35 trillion. In 2018, that figure rose to USD 4.3 trillion. By 2022, its expected to balloon to nearly USD 14 trillion. Despite this boom, there is still much …

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Top 22 mobile banking trends

Mobile banking is a huge demand from banking customers as well as a major piece of many financial institutions’ marketing strategies. With that in mind, Juniper Research came up with a list of 22 mobile banking trends: Open banking permits many innovative FinTech offerings to be offered to mobile customers …

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10 artificial intelligence trends for 2020

There has been an exponential uptick in the number of platforms, applications and tools based on machine learning and artificial intelligence (AI) technologies in recent years. Here are 10 AI trends expected to dominate in 2020. Blockchain, internet of things and AI convergence – for AI to make a positive …

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Top 7 InsurTech trends paving the way towards insurance 2.0

2019 was an exciting year for the insurance industry, with technological advancements providing fundamental changes to nearly every aspect of the business. Given that the only way insurers can remain relevant amidst such disruption is to stay ahead of the curve and adopt the technologies of tomorrow, now is a …

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11 Big Data trends for 2020

Given that the Big Data market is projected to become a more lucrative field in the coming years, it seems only too appropriate to take a quick look at the 11 most important Big Data trends driving the current landscape. Digital transformation waves – digital transformation (including the internet of …

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Top 10 digital transformation trends shaping 2020

Digital transformation continues to be a gamechanger in many industries around the world, including the financial industry. Given its importance in shaping our future, it is worth taking a quick look at 10 of the most significant digital trends expected to define 2020: Consumer experience connections – the consumer experience …

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Infographic: Top 10 digital transformation trends For 2020

The digital transformation trends of 2020 are defined by a fresh new class of technologies, including 5G, artificial intelligence and advanced data analytics. This infographic explores the top 10 digital transformation trends expected to have the most significant impact in 2020. Why data analytics goes beyond just more data What …

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Video: Top 10 strategic technology trends for 2020

Each year, different technology trends drive disruption and create opportunities for growth and development. Here’s a look at 10 of the top strategic technology trends for 2020 from our friends at Gartner. Video: how Israel is ruling the cybersecurity world NetGuardians brings its cybersecurity to Zimbabwe Alfa-Bank launches new international …

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Top 7 digital transformation trends shaping 2020

Digital transformation has become a catchall term for reimagining business in the digital age. It can refer to any process that uses digital technologies to solve for changing business and market requirements. Our friends at MuleSoft have outlined the top 7 digital transformation trends shaping 2020: Connecting consumer experiences – …

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10 data science considerations for financial institutions

Advanced data science promises numerous benefits to financial institutions in a wide variety of areas, including marketing, sales, operations, consumer intelligence, portfolio management, risk and compliance. Here are 10 significant areas of concern that financial institutions should consider as they evaluate their technology priorities: Artificial intelligence (AI) – AI can …

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Embracing data-driven analytics and the future of business

By capturing and leveraging massive volumes of data, financial institutions can capitalize on new data-driven business opportunities. In fact, financial institutions are already well on their way to doing so in four main ways: improving consumer experiences, optimizing risk controls, automating business processes, improving operational efficiency. These are accomplished using …

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How financial marketers can best interact with data

You don’t need to be an expert at artificial intelligence (AI) or machine learning to use data analytics effectively. In fact, the most sophisticated form of machine learning is the one that resides between our ears. Given that humanity is expected to produce 40 zettabytes (a zettabyte is a 1 …

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3 Big Data trends in finance

Global investments in Big Data and business analytics is projected to grow from USD 130.1 billion in 2016 to over USD 203 billion in 2020. Here are 3 of the biggest Big Data trends, each represented by an innovative new solution: Business intelligence (Qlik Analytics Platform) – Qlik has developed …

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HSBC opens data innovation labs in London and Toronto

HSBC has opened two data and innovation labs, one in London and the other in Toronto. The labs will engage in activities aimed at improving HSBC’s products and services through the use of analytics and robotics. The labs will also cooperate with firms specialized in other important areas such as …

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The impact of artificial intelligence on wealth management

For better or worse, all kinds of industries use artificial intelligence nowadays, and wealth management is no exception. In fact, artificial Intelligence is one of the main trends in the wealth management industry and will change the industry forever for both consumers and companies alike. The three biggest impacts are …

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5 things wealth managers should keep in mind going forward

As the wealth management industry evolves, wealth management firms must reinvent themselves and take advantages of cutting-edge technologies to enhance consumer experiences and provide greater personalization. Here are five key things wealth managers need to keep in mind going forward: Consumers are not satisfied with current digital offerings. According to …

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6 startups that will reshape wealth management

FinTech startups are reshaping the financial world, including wealth and asset management. Here are 6 WealthTech startups that are promising to change the way we manage our wealth: Cred – Cred uses artificial intelligence to help financial institutions deliver highly-personalized investment portfolios to digital clients. Responsive.ai – not just another …

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Yandex Money, Phinex Plus launch trust management service

Yandex Money and Phinex Plus have launched Yammi, a trust management service to help investors invest in Phinex ETFs. Yammi is a roboadvisor that offers investment recommendations based on a computer algorithm that defines user profiles. Despite the promise of the new system, there are still issues with it. For …

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Russia’s National Financial Association issues first roboadvisory accreditation

Russia’s National Financial Association, a self-regulatory organization, has issued its first official accreditation to VTB Capital Investment under a program to provide individual investment recommendations to users via roboadvisors. Roboadvisors help clients form individual investment portfolios of stocks, bonds and index fund shares. After filling out a questionnaire, the roboadvisory …

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