New Developments In The Automation Of The Banking Industry
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| Author | : El Bachir Boukherouaa |
| Publisher | : International Monetary Fund |
| Total Pages | : 35 |
| Release | : 2021-10-22 |
| Genre | : Business & Economics |
| ISBN | : 1589063953 |
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
| Author | : Introbooks |
| Publisher | : |
| Total Pages | : 50 |
| Release | : 2020-04-07 |
| Genre | : |
| ISBN | : |
In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."
| Author | : Bernardo Nicoletti |
| Publisher | : Springer Nature |
| Total Pages | : 540 |
| Release | : 2021-07-06 |
| Genre | : Business & Economics |
| ISBN | : 3030758710 |
Bill Gates’ quote, “Banking is necessary, but banks are not,” showcases the opportunity for financial services digital transformation. The next transition from industry 4.0 to 5.0 will impact all sectors, including banking. It will combine information technology and automation, based on artificial intelligence, person-robot collaboration, and sustainability. It is time to analyze this transformation in banking deeply, so that the sector can adequately change to the ‘New Normal’ and a wholly modified banking model can be properly embedded in the business. This book presents a conceptual model of banking 5.0, detailing its implementation in processes, platforms, people, and partnerships of financial services organizations companies. The last part of the book is then dedicated to future developments. Of interest to academics, researchers, and professionals in banking, financial technology, and financial services, this book also includes business cases in financial services.
| Author | : Thangam, Dhanabalan |
| Publisher | : IGI Global |
| Total Pages | : 776 |
| Release | : 2024-10-01 |
| Genre | : Technology & Engineering |
| ISBN | : |
In the current fast-paced business environment, organizations face the challenge of improving operational efficiency and driving innovation while dealing with complex technological landscapes. Many organizations require assistance exploiting intelligent process automation's full potential (IPA). This is often due to a need for more comprehensive understanding or clear implementation strategies. As a result, they need to help their workflows, optimize resources, and adapt effectively to changing market demands. Advancements in Intelligent Process Automation bridges this gap by providing a holistic view of IPA, encompassing RPA, AI, and ML, among other key technologies. Through real-world case studies, strategic guidelines, and interdisciplinary perspectives, the book offers actionable insights that are not just theoretical, but practical and implementable. This ensures that organizations seeking to implement IPA can do so seamlessly, without feeling overwhelmed or unsure. Addressing ethical and regulatory considerations ensures responsible AI practices and compliance, fostering a sustainable approach to automation.
| Author | : Mr. A. Shanmugam, Mr. M. Manohar, Mr. P. Rajini, Mr. R. Rajavel, Mrs. T. Gnana Sundari& Miss. K. Sarala |
| Publisher | : Archers & Elevators Publishing House |
| Total Pages | : 267 |
| Release | : 2014 |
| Genre | : Antiques & Collectibles |
| ISBN | : 9383241543 |
| Author | : United States. Bureau of Labor Statistics |
| Publisher | : |
| Total Pages | : 280 |
| Release | : 1966 |
| Genre | : Industries |
| ISBN | : |
USA. Appraisal of some of the major technological changes having taken place in industry and of trends resulting therefrom. The effect thereof on the employment situation and on the occupational structure, and consequential adjustments in labour relations. Forecast by industry through 1970 with selected references at the end of the report on each industry. Selected bibliography pp. 260 to 269.
| Author | : Jose E. Cassiolato |
| Publisher | : Routledge |
| Total Pages | : 376 |
| Release | : 2002-01-31 |
| Genre | : Architecture |
| ISBN | : 1134909683 |
First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
| Author | : Figueiredo, Paula Cristina Nunes |
| Publisher | : IGI Global |
| Total Pages | : 384 |
| Release | : 2024-02-19 |
| Genre | : Computers |
| ISBN | : |
Artificial Intelligence (AI) permeates our daily lives, revolutionizing routine tasks. However, the profound implications of AI on business management demand meticulous scrutiny. Leaders and organizations must proactively shape strategies to align with the tenets of this new era. This necessitates a commitment to innovatively amalgamate data, technology, design, and human expertise to address real-world challenges on a large scale. Beyond concerns about the future of work and potential job displacement due to automation, societal readiness at all levels becomes paramount for AI to benefit humanity. Complex AI Dynamics and Interactions in Management guides leaders and organizations navigating this transformative era. It facilitates a seamless transition by advocating successful AI initiatives, discerning optimal opportunities, fostering diverse expert teams, conducting strategic experiments, and crafting solutions that contribute to the benefit of both the organization and society. This book is a valuable resource for managers and decision-makers, providing insights on leveraging AI to enhance business sustainability. This initiative allows collaboration among stakeholders, including professionals from public and private sectors, human resources specialists, data experts, and academics from various countries.
| Author | : |
| Publisher | : |
| Total Pages | : 38 |
| Release | : 2009 |
| Genre | : Banks and banking |
| ISBN | : |
| Author | : United States. Congress. Senate. Committee on Banking and Currency |
| Publisher | : |
| Total Pages | : 1472 |
| Release | : 1970 |
| Genre | : Bank holding companies |
| ISBN | : |
