financial services
Leveraging GenAI and LLMs in Financial Services
Data and large language models (LLMs) can save banks and other financial services millions by enhancing automation, efficiency, accuracy, and more. McKinsey reports that the productivity lift from generative AI can ...Full Article
Nvidia Touts Strong Results on Financial Services Inference Benchmark
The next-gen Hopper family may be on its way, but that isn’t stopping Nvidia’s popular A100 GPU from leading another benchmark on its way out. This time, it’s the ...Full Article
Financial Institutions Continue to Cautiously Embrace AI, But More Data Scientists Needed
As banks and financial institutions look to expand their use of AI in their operations, having compelling reasons to deploy the technology are now the norm. But a large ...Full Article
Here’s Why Enterprise AI Is Being Drafted to Fight Stimulus Fraud
Without an enterprise AI approach, prosecutors who see fraud in the federal government’s Paycheck Protection Program admit there are too many scams to count, let alone stop. Organized crime ...Full Article
IBM Launches AIOps, 5G Network Edge, Financial Cloud Products at Digital Think
IBM issued several product announcements this morning to kick off the company’s annual Think conference (this year called Think Digital) that include automated IT infrastructure monitoring and diagnosis (i.e., ...Full Article
Linux Foundation Expands Fintech Reach
The financial services sector continues to embrace the open source movement, often playing a leading role in establishing standards and best practices. A prime example is the pivotal role ...Full Article
Survey: AI Must Be a ‘Strategic Lever’
Hyper-scalers are racing to deploy AI technologies. Meanwhile, other sectors such as finance, healthcare and transportation ramping up AI initiatives are confronting challenges while considering precisely where automation technologies ...Full Article
Banking Sector Embraces Multi-Cloud
The financial services sector tends to be a bellwether for early adoption of disruptive technologies. For example, financial services giant Goldman Sachs played a key role in forging an application ...Full Article
HPC and AI at the Forefront of Finance
You’ve heard this one before: HPC has the potential to transcend science and engineering to transform commercial applications in the enterprise. Won’t it be grand when HPC is no ...Full Article
How FPGAs Accelerate Financial Services Workloads
Editor’s note: While FSI companies are unlikely, for competitive reasons, to disclose their FPGA strategies, James Reinders offers insights into the case for FPGAs as accelerators for FSI by ...Full Article