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Oracle Develops AI-Powered Solution to Fight Money Laundering

Analytics Vidhya

Oracle Financial Services has unveiled an innovative solution aimed at supporting banks’ efforts to combat money laundering. trillion expected to be laundered this year, the financial sector faces unprecedented challenges. With the increasing complexity of compliance and the staggering $5.05

Analytics 327
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Accelerating AI for financial services: Innovation at scale with NVIDIA and Microsoft

CIO Business Intelligence

Always on the cusp of technology innovation, the financial services industry (FSI) is once again poised for wholesale transformation, this time with Generative AI. Yet the complexity of whats required highlights the need for partnerships and platforms calibrated to fast-track solutions at scale to capitalize on AI-era change.

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CIOs contend with gen AI growing pains

CIO Business Intelligence

To that end, the financial information and analytics firm is developing APIs and examining all methods for “connecting your data to large memory models.” As experts in financial services and commodity markets, there must be standard evaluation methods, he said. Finding talent is “a challenge that I am also facing,” Guan said.

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ADIB-Egypt announces 1 billion EGP digital transformation plan

CIO Business Intelligence

This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services. AI-powered tools, such as chatbots and virtual assistants, will enhance customer service by providing 24/7 support and quickly addressing customer inquiries.

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Are enterprises ready to adopt AI at scale?

CIO Business Intelligence

Whether it’s a financial services firm looking to build a personalized virtual assistant or an insurance company in need of ML models capable of identifying potential fraud, artificial intelligence (AI) is primed to transform nearly every industry.

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Fitch Group achieves multi-Region resiliency for mission-critical Kafka infrastructure with Amazon MSK Replicator

AWS Big Data

Amazon Managed Streaming for Apache Kafka (Amazon MSK) is a fully managed service that allows you to build and run production Kafka applications. To stay competitive and efficient in the fast-paced financial industry, Fitch Group strategically adopted an event-driven microservices architecture.

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How IT leaders use agentic AI for business workflows

CIO Business Intelligence

AI agents are valuable across sales, service, marketing, IT, HR, and really all business teams, says Andy White, SVP of business technology at Salesforce. By leveraging AI-driven solutions, we aim to provide an engaging and intuitive shopping experience. One specific example is order processing.

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