The banking sector is currently undergoing a revolution fueled by technology, with advancements in artificial intelligence (AI), machine learning (ML), robo-advisors, and voice payments paving the way for a more innovative and inclusive future. As these digital technologies become more accessible, banks and financial institutions must adapt to remain competitive and relevant.
Insurtech is a term used to describe the application of technology to the insurance industry. It refers to the use of digital tools, platforms, and data analytics to improve and transform the way insurance services are delivered.
The democratisation of investing is used to describe the trend of increasing accessibility and affordability of investment opportunities to the general public.
Automation has revolutionised the banking industry, and it has become an essential part of modern banking operations. Automation in banking refers to the use of technology to replace manual processes with automated ones, leading to increased efficiency, reduced costs, and improved customer experience.
ChatGPT is a state-of-the-art, open-source conversational AI model developed by OpenAI, a leading research organization in the field of artificial intelligence.
Autonomous finance can be defined as algorithm-driven financial services that make decisions or take action on a customer’s behalf. Artificial intelligence (AI) applied to financial processes can reduce costs, increase efficiency and transform a company’s cash management strategy. The financial sector was one of the pioneers in implementing financial technology…