While AI was once the sandbox for data science gurus and mathematicians with PhDs, new tools and technologies are bringing Enterprise AI closer to business users. At the same time, financial services regulatory bodies are becoming keenly aware of the risks posed by unchecked AI. Most consumer fairness laws, like the Equal Credit Opportunity Act… Continue reading Banks and Credit Unions: Understanding the Importance of Explainable AI
This blog is excerpted from a white paper based on a panel discussion with Jim Marous of the Financial Brand, which also Josh Nash, SVP and Director of IT, Camden National Bank; Greg Spencer, Director of Financial Services at Passerelle; James McGeehan, Head of Banking and Capital Markets at Snowflake; Jason Bishop, Senior AI Solutions… Continue reading Adopting a Use Case Mindset for Immediate ROI
This blog is excerpted from a white paper based on a panel discussion with Jim Marous of the Financial Brand, which also Josh Nash, SVP and Director of IT, Camden National Bank; Greg Spencer, Director of Financial Services at Passerelle; James McGeehan, Head of Banking and Capital Markets at Snowflake; Jason Bishop, Senior AI Solutions… Continue reading The Obstacles and Mandate to AI Adoption
Better data management can amplify the benefits of scale available in merger of equals transactions. Community banks and credit unions historically relied on close relationships with account holders to differentiate themselves from larger competitors. But innovative technologies have put traditional models under pressure, pushing the entire financial industry to deliver a wider range of services… Continue reading Using Merger of Equals Transactions to Accelerate Digital Transformation Efforts at Regional Banks and Credit Unions
Ready to get started on your AI/ML journey? A use case that aligns with your business goals is more likely to show ROI and encourage adoption across your organization. AI and ML use cases can be applied across your financial services institution, from creating operational efficiency to supporting a better customer experience. Below, you’ll find… Continue reading Top AI Use Cases for Banks and Credit Unions to Show Immediate ROI