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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

AGI, sometimes referred to as strong AI , is the science-fiction version of artificial intelligence (AI), where artificial machine intelligence achieves human-level learning, perception and cognitive flexibility. Regardless, these are examples of narrow AI.

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Customer experience examples that drive value

IBM Big Data Hub

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. Thankfully, customer-centric organizations have many tools, examples, and use cases at their disposal to meet the growing needs of today’s customers.

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Embracing new ways of working in financial services

CGI

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

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The convergence of HPC and AI: Driving innovation at speed  

IBM Big Data Hub

Enterprises are increasingly turning to generative artificial intelligence (gen AI) to drive operational efficiencies, accelerate business decisions and foster growth. We believe that the convergence of both HPC and artificial intelligence (AI) is key for enterprises to remain competitive.

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The U.S. Office of the Comptroller of the Currency Seeks Comment on Digital Innovation by Banks

Data Matters

electronic payments, check capture and online banking), the OCC lists some of the new technologies, the implementation of which may be hindered by ambiguous, burdensome or inflexible rules, such as blockchain, artificial intelligence, biometrics, cloud computing and big data/analytics. Comments are due by August 3, 2020. 31, 2020).

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Turning climate risks into business opportunities 

IBM Big Data Hub

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life.

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