Generative AI And What Next It Has In Store For The Banks

Generative AI is not just about transforming operations of banks but it is also causing a huge shift in customer experience and is a great element in banking.

EU AI Act And Its Effect On AI Adoption Endeavours of Banks

As banks across the EU begin experimentation with generative AI, AI act of EU on ambitious approach of the banks towards AI will go on to become much clearer.

European Union Pressures Banks To Advocate Fast Payments

The Instant Payments Regulation enacted by the European Council will allow all businesses and customers in the EU and EEA to fully utilize quick Euro payments.

Major Banks Resolvability Calls For Additional Measures

The financial crisis of 2023 demonstrated the necessity for additional advancements in multiple domains and proved a point that banks are not too big to fail.

Major Impact of AI In Insurance Service Personalization

Ability of AI to personalize insurance services has created new opportunities for improving upon the current practices and achieving more favourable outcomes.

Digital Technology Transforming The Health Insurance Space

Digital technology plays a major role for health insurers, and is an essential component in the process of offering personalized customer service solutions.

70% Surge In R&D By The US Finance And Insurance Sector

The US finance and insurance sector companies have increased their R&D investment by 70.4% as compared to 2022, says the latest annual data. This happens to be the second highest increase across all sectors in the US.In 2023, companies went on to invest a total of $20.9 billion in R&D, which was up from $12.3.