Why embracing AI in financial services is a necessity, not an option

Financial Institutions Need to Rethink GenAI Governance

As generative AI (GenAI) begins reshaping the financial services landscape, firms are both excited by its potential and cautious about its risks. The technology promises gains in productivity, personalization, and client service, but its complexity presents challenges that many existing governance and risk management systems are not yet prepared to handle. Sebastian Gehrmann “Governance of generative AI is a fast-evolving topic, mirroring the f…

How compliance leaders can harness AI responsibly in financial services

Artificial intelligence is no longer a future prospect for financial services; it is a present reality, evolving quickly and reshaping the compliance landscape. From enhancing risk detection to improving operational efficiency, AI offers immense potential. However, its rapid adoption also brings fresh regulatory questions, new risks, and ethical challenges. RegTech company Napier AI recently highlighted a recent panel discussion on the future of…

Why embracing AI in financial services is a necessity, not an option

Artificial intelligence has firmly embedded itself in financial services, transforming compliance functions in ways unimaginable a decade ago. It promises smarter risk detection, operational efficiency, and faster insights. But with these opportunities come new regulatory challenges, ethical concerns, and the growing threat of AI-powered crime.

AI Adoption in Client Reporting and Performance Measurement: Strategy, Training, and Investment Challenges - Datos Insights

The transformative potential of artificial intelligence (AI) is revolutionizing financial services, yet its integration into client reporting and performance measurement presents unique challenges. At the recent Performance Measurement Client Reporting (PMCR) 2025 event organized by FTF, a panel discussion moderated by Vinod Jain, from Datos Insights with industry leaders explored how AI adoption varies across organizations and what it means for…

Financial services organisations concerned about accountability of AI-driven decisions - TechCentral.ie

More than eight in 10 (81%) financial services organisations using artificial intelligence (AI) have adopted the technology for customer service purposes, while three in 10 (29%) use the technology to prevent and detect fraud, with a similar number (29%) applying it to risk assessment. This is according to the results of a new survey by [… The post Financial services organisations concerned about accountability of AI-driven decisions appeared fi…