Kevin Levitt

From Pilot to Profit: Survey Reveals the Financial Services Industry Is Doubling Down on AI Investment and Open Source

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AI has taken center stage in financial services, automating the research and execution behind algorithmic trading and helping banks more accurately detect fraud and money laundering — all while improving risk management practices and expediting document processing. The sixth annual “NVIDIA State of AI in Financial Services” report, based on a survey of more than
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AI On: How Financial Services Companies Use Agentic AI to Enhance Productivity, Efficiency and Security

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Editor’s note: This post is part of the AI On blog series, which explores the latest techniques and real-world applications of agentic AI, chatbots and copilots. The series also highlights the NVIDIA software and hardware powering advanced AI agents, which form the foundation of AI query engines that gather insights and perform tasks to transform
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European Financial Services Industry Goes All In on AI to Support Smarter Investments

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AI is already driving revenue increases for financial institutions — and with new investments in AI infrastructure and development across Europe, the region’s financial services industry is poised to mint even greater value from the technology. With sovereign AI models and agents built using AI factories, financial institutions and digital payment companies can extract powerful
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AI Pays Off: Survey Reveals Financial Industry’s Latest Technological Trends

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The financial services industry is reaching an important milestone with AI, as organizations move beyond testing and experimentation to successful AI implementation, driving business results. NVIDIA’s fifth annual State of AI in Financial Services report shows how financial institutions have consolidated their AI efforts to focus on core applications, signaling a significant increase in AI
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AI Takes Center Stage: Survey Reveals Financial Industry’s Top Trends for 2024

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The financial services industry is undergoing a significant transformation with the adoption of AI technologies. NVIDIA’s fourth annual State of AI in Financial Services Report provides insights into the current landscape and emerging trends for 2024. The report reveals that an overwhelming 91% of financial services companies are either assessing AI or already using it Read article >

How Is AI Used in Fraud Detection?

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The Wild West had gunslingers, bank robberies and bounties — today’s digital frontier has identity theft, credit card fraud and chargebacks. Cashing in on financial fraud has become a multibillion-dollar criminal enterprise. And generative AI in the hands of fraudsters only promises to make this more profitable. Credit card losses worldwide are expected to reach Read article >

How Is AI Used in Fraud Detection?

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The Wild West had gunslingers, bank robberies and bounties — today’s digital frontier has identity theft, credit card fraud and chargebacks. Cashing in on financial fraud has become a multibillion-dollar criminal enterprise. And generative AI in the ha…

Survey Reveals Financial Industry’s Top 4 AI Priorities for 2023

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For several years, NVIDIA has been working with some of the world’s leading financial institutions to develop and execute a wide range of rapidly evolving AI strategies. For the past three years, we’ve asked them to tell us collectively what’s on the top of their minds. Sometimes the results are just what we thought they’d Read article >

Nearly 80 Percent of Financial Firms Use AI to Improve Services, Reduce Fraud

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From the largest firms trading on Wall Street to banks providing customers with fraud protection to fintechs recommending best-fit products to consumers, AI is driving innovation across the financial services industry. New research from NVIDIA found that 78 percent of financial services professionals state that their company uses accelerated computing to deliver AI-enabled applications through Read article >

The post Nearly 80 Percent of Financial Firms Use AI to Improve Services, Reduce Fraud appeared first on The Official NVIDIA Blog.

Accelerating Financial Services With AI

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AI is enabling brighter financial futures for consumers and businesses. From traditional banks to new fintechs, the financial services industry is powering use cases with AI such as preventing payments fraud, automating insurance claims, and accelerating trading strategies. The latest episode in the I AM AI video series brings these technology stories to life by Read article >

The post Accelerating Financial Services With AI appeared first on The Official NVIDIA Blog.

Accelerating Financial Services With AI

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AI is enabling brighter financial futures for consumers and businesses. From traditional banks to new fintechs, the financial services industry is powering use cases with AI such as preventing payments fraud, automating insurance claims, and accelerati…

Is AI Important to Financial Services’ Future? New Survey Says You Can Bank on It

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Financial services companies are challenged with defining and executing their AI strategy. AI solutions contribute to both the top and bottom line for firms by powering nearly every function, including customer service, cybersecurity, new account acquisition and regulatory compliance. Everyone from executives to data scientists are involved with determining how much to invest, the most Read article >

The post Is AI Important to Financial Services’ Future? New Survey Says You Can Bank on It appeared first on The Official NVIDIA Blog.