AI in Finance and Banking, September 16, 2024
This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: The Imperative to Realizing AI’s Potential in Banking: Finding the Right Fit; The Impact of Cloud Computing and AI on Industry Dynamics and Concentration; Empowering Global Banking Through AI-Driven Risk Management: A Practical Framework for Optimization and Methodological Integration; AI-Driven Failed Trials in Investment Strategies: A Network Data Analysis Approach; Harvard Business School (HBS) has published a case study on DBS’ strategy towards Artificial Intelligence (AI), highlighting the bank’s use of AI; and Banks bet on a tech surge. It’s paying off big time as AI, software bring ‘sea change’ in productivity.