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Generative AI: Balancing security with innovation

CIO

The speed at which artificial intelligence (AI)—and particularly generative AI (GenAI)—is upending everyday life and entire industries is staggering. AI threats to fintech companies When I think about possible AI threats, top of mind to me is how AI can be weaponized: Threats to identity.

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Visa earmarks $100M to invest in generative AI companies

TechCrunch

Visa announced today that it plans to invest $100 million in companies developing generative AI technologies and applications “that will impact the future of commerce and payments.” Visa claims to have been a “pioneer of AI use in payments” […]

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CIOs in financial services embrace gen AI — but with caution

CIO

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Those same characteristics, however, reveal the risks AI pose to this sector. Banks have to get ready to take the step forward.”

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Disrupt is around the corner — Here are the fintech players taking the stage

TechCrunch

In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. We are particularly excited this year because we have our very own Fintech Stage ! If you want to receive this in your inbox every Sunday, sign up here. This is a first.

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Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings

TechCrunch

Artificial intelligence is taking over almost every industry. In Deloitte’s 2019 report , the firm reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analysis and risk management. Image Credits: Akros Technologies.

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The big speed bump on the road to GenAI

CIO

It seems that every event I moderate, regardless of the topic, will devolve into a discussion of generative AI and the excitement of intelligent systems. The enthusiasm for this innovative technology is irrepressible. Generative AI can do a lot of things. Artificial Intelligence, Events, Security

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CIOs weigh where to place AI bets — and how to de-risk them

CIO

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. But ready or not, choices with far-reaching repercussions must be made.