Bank, Finance, Risk, Financial services, Artificial intelligence, Insurance

Top 5 critical areas that increases risk exposure to banks during Covid-19

On Jun 3, 2020
@InnFin shared
Be sure to read this recent blog from @InnFin member @AuditXprt 'Top 5 Critical Areas That Increases Risk Exposure To Banks During Covid-19' 🌎Location 🖥️Systems 💻Technology Infrastructure 💡Third party risk management 🚀Customer service delivery Full: https://t.co/umuu0DLoT9 https://t.co/UUmXab2jsH
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Third-party risk management: Third parties working with banks in cybersecurity, data privacy and data use, business continuity, financial health, and anti-bribery and anti-corruption have huge challenges made worse by the lockdown.Third-party risk management is a basic regulatory ...

ai-xprt.com
On Jun 3, 2020
@InnFin shared
Be sure to read this recent blog from @InnFin member @AuditXprt 'Top 5 Critical Areas That Increases Risk Exposure To Banks During Covid-19' 🌎Location 🖥️Systems 💻Technology Infrastructure 💡Third party risk management 🚀Customer service delivery Full: https://t.co/umuu0DLoT9 https://t.co/UUmXab2jsH
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Top 5 critical areas that increases risk exposure to banks during Covid-19

Top 5 critical areas that increases risk exposure to banks during Covid-19

Third-party risk management: Third parties working with banks in cybersecurity, data privacy and data use, business continuity, financial health, and anti-bribery and anti-corruption have ...

Moving Beyond the Hype: Six Real-Life Applications of AI in FinTech

Moving Beyond the Hype: Six Real-Life Applications of AI in FinTech

Artificial intelligence (AI) may well be at the peak of its hype cycle now. The World Economic Forum dubbed AI — and a suit of other fast-evolving novel

Top 7 Data Science Use Cases in Finance

Top 7 Data Science Use Cases in Finance

Financial institutions still need to prepare for this change by automating core financial processes, improving analytical skills of the finance team, and making strategic technology ...

Do You Want Your Organization to Become an Intelligent Enterprise?

Do You Want Your Organization to Become an Intelligent Enterprise?

Customer expectations are skyrocketing in the banking industry. Diversify your offering to meet changing demands. Become an intelligent enterprise now.Customer expectations are skyrocketing ...

What you need to know before implementing artificial intelligence & machine learning

What you need to know before implementing artificial intelligence & machine learning

ML solutions should be trained in the three Cs of data visualisation: Correctness, context and category.

Leveraging RPA to Reduce Risk and Increase Compliance in BFSI

Leveraging RPA to Reduce Risk and Increase Compliance in BFSI

Keeping up with regulation changes on a global scale is a struggle for financial organizations of all sizes. Robotic Process Automation streamlines compliance and reduces risk for banking, ...

3 Futuristic AI Trends in Finance Sector: 2020 Edition

3 Futuristic AI Trends in Finance Sector: 2020 Edition

From the fraud prevention to driverless cars that navigate busy streets with ease, 2019 brought a dazzling array of artificial intelligence (AI) innovations. In 2020, AI is set to move ...

Avoiding artificial stupidity

Avoiding artificial stupidity

While most financial applications of artificial intelligence have been in the customer service space, there are other areas that banks are working with to improve through implementation of ...

Cognitive Automation: a critical ally for the banking industry, explains Aspire System’s whitepaper

Cognitive Automation: a critical ally for the banking industry, explains Aspire System’s whitepaper

Aspire Systems and IBS Intelligence have collaborated on a whitepaper that discusses Cognitive Automation for the banking industry.

The top five challenges and opportunities for AI in RegTech

The top five challenges and opportunities for AI in RegTech

IBM has conducted a survey showing that risk professionals are awakening to the promise of AI, helping them obtain a better picture of the benefits within their organizations.

Financial institutions start to reengineer risk management systems

Financial institutions start to reengineer risk management systems

Financial institutions start to reengineer risk management systems

London-based Eigen Technologies snaps up €4.5 million to expand its natural language processing tool

London-based Eigen Technologies snaps up €4.5 million to expand its natural language processing tool

UK-based Eigen Technologies, a natural language processing startup, has completed a €4.5 million investment from ING Ventures that follows on from its €3.3 million Series B round in ...

Finance and Banking industry seeking digitalization via artificial intelligence

Finance and Banking industry seeking digitalization via artificial intelligence

Today industries work with a faster pace of innovation, using data and analytics. Financial...

Deloitte: 19% of financial institutions are using AI to reduce costs and improve accuracy

Deloitte: 19% of financial institutions are using AI to reduce costs and improve accuracy

Machine learning and robotic process automation adoption is on the upswing among financial institutions, according to Deloitte.

These Are The 20 Most Exciting Startups in Ireland!

These Are The 20 Most Exciting Startups in Ireland!

Fenergo provides Client Lifecycle Management (CLM) software solutions for Financial Institutions including; Corporate & Institutional Banking, Commercial & Retail Banking, Asset Management, ...

Reimagining risk management to mitigate looming economic dangers

Reimagining risk management to mitigate looming economic dangers

Financial services executives are reimagining risk management. 48% are planning to modernize their risk infrastructure by employing new technologies.

Your RegTech Roadmap for 2020 and Beyond: The Outlook for Risk and Compliance Technology

Your RegTech Roadmap for 2020 and Beyond: The Outlook for Risk and Compliance Technology

As regulators continue to advance and deploy technology solutions to monitor investment firms and securities markets, compliance professionals should be aware of both current and future ...

The Potential of AI in Banking

The Potential of AI in Banking

Potential of AI in Banking. Artificial intelligence (AI), an umbrella term for a host of different technologies including machine learning and natural language, holds many promises in the ...