BOK Financial - Commercial Solutions’ Post

In today's Expert Contributor, Cesar Cotait Kara Jose, CEO Latin America of Exadel, explains how AI could unlock the benefits of financial sustainability and inclusion while allowing businesses to keep tech budgets in check. #MexicoBusiness #MexicoBusinessNews #ExpertOpinion

Tomorrow > Tune in to our #EDMWebinar with our moderator Mike Meriton (Co-Founder, EDM Council), Jocelyn Byrne Houle of Product Management,Securiti), Christopher J. Napoli, CFA (Data Analytics & Financial Services Leader, Snowflake) and Irakli Nadareishvili (Managing Director of Global Banking Platform, JPMorgan Chase & Co.) as we discuss: • The challenges of Generative AI in financial services • Evaluating bias and accuracy of Generative AI models • How financial services organizations are benefiting from Generative AI • Building a common data framework to identify and protect sensitive data throughout a complex multi-cloud landscape • Safely sharing data with internal and external stakeholders, including masking and differential privacy • Embedding automated controls to enable your organization to address compliance and other data obligations Register now: https://lnkd.in/d2eBvi2B

🔍 Strategic Collaboration Between Quantexa and BNY Mellon: A Landmark in Entity Resolution and Data Management Bank of New York Mellon, an institution synonymous with financial integrity and innovation, has entered into a strategic collaboration with Quantexa to revolutionise the critical function of entity resolution within its customer database. In this complex and ever-regulated financial landscape, BNY Mellon's decision to utilise Quantexa's sophisticated AI-driven entity resolution technology reflects a profound understanding of contemporary challenges. This endeavour aims to enhance efficiency, automate processes, and maintain compliance with "know your customer" (KYC) regulations, which are vital in the fight against financial crimes. BNY Mellon's Chief Data Officer, Eric Hirschhorn, has been a driving force in this collaboration. With a perspective that emphasises interconnectedness, Hirschhorn has championed the integration of Quantexa's machine learning capabilities. The partnership represents a commitment not only to technological advancement but to the broader welfare of the financial markets. The implementation journey began with an initial proof of concept, successfully transitioning to a full deployment. The results have demonstrated a marked improvement in both the number of records flagged and the proportion resolved automatically. This alliance between BNY Mellon and Quantexa is more than a commercial engagement; it symbolises a meeting of minds, a confluence of shared values, and a mutual aspiration to elevate industry standards. I look forward to witnessing the continued success and innovation that our partnership with BNY Mellon will undoubtedly foster. #Quantexa #BNYMellon #AI #DataManagement #EntityResolution #Innovation #Banking #Collaboration #FinancialIntegrity

If you're considering ways to reduce friction and increase engagement with patients through omnichannel communication, consider leveraging the One Tru platform to meet your business objectives.

It's that time of year again - to take a look back at what happened over 2023 and to think about what 2024 may hold. Well, 2023 has definitely been an interesting year for financial services, especially with Generative AI gaining many of the headlines and supercharging the growth of many Firms. What could 2024 hold? In this article in International Banker, I share some of my thoughts on what 2024 could bring for the financial services sector - I think it's set to be another transformative year. IBM #ibmcloud #watsonai #genai #hybridcloud #innovation #fintech

Check out this insightful keynote presentation from the #2021CULyticsSummit by Mark Sievewright as he shares the keynote on "Importance of Digital Technologies for FIs" : [https://zurl.co/KqhC] In this keynote, Mark discusses the transformation of the financial industry due to digital advancements, demographic changes, and new competitors. He highlights the importance of a digital mindset for financial institutions, including credit unions, and the need to engage members or customers, optimize operations, and adapt to new technologies like analytics, AI, and biometrics. Sieveright also emphasizes the role of data trends and the adoption of strategic technologies like 5G and video banking. Additionally, he touches upon the impact of consolidation, regulation, and demographic shifts on the industry and the importance of credit unions adopting digital technologies to maintain competitiveness, particularly in appealing to younger generations. Don't miss the chance to be part of the upcoming #2024CULyticsSummit and lead the AI revolution in the CU industry. Join us at Microsoft Commons in WA from March 25-28. Register at [https://zurl.co/zfx6]

When implemented well (with a lot of great, relevant data) AI can be a surprisingly useful tool for financial institutions. https://buff.ly/4e0dDcG #creditunions #communitybanks #branchandATMlocators #fintech

When implemented well (with a lot of great, relevant data) AI can be a surprisingly useful tool for financial institutions. https://buff.ly/4e0dDcG #creditunions #communitybanks #branchandATMlocators #fintech

Vision ended last week, and we definitely had a few key themes that emerged: 1. Fraud - increasing but how to combat this without damaging the client experience? 2. AI - How to leverage AI & transformative tech in decisioning 3. Alternative Data - important to under-banked or new-to-credit consumers 4. Engagement - acquisition costs are soaring as consumers expect FI's to improve their financial health, leading to opportunity 5. Collections - how to advance collections strategy as consumer debt pressure is mounting

Next week > Tune in to our #EDMWebinar with our moderator Mike Meriton (Co-Founder, EDM Council), Jocelyn Byrne Houle of Product Management,Securiti), Christopher J. Napoli, CFA Analytics & Financial Services Leader, Snowflake) and Irakli Nadareishvili (Managing Director of Global Banking Platform, JPMorgan Chase & Co.) as we discuss: • The challenges of Generative AI in financial services • Evaluating bias and accuracy of Generative AI models • How financial services organizations are benefiting from Generative AI • Building a common data framework to identify and protect sensitive data throughout a complex multi-cloud landscape • Safely sharing data with internal and external stakeholders, including masking and differential privacy • Embedding automated controls to enable your organization to address compliance and other data obligations Register now: https://lnkd.in/d2eBvi2B