AI in Financial Services: Innovation, Risk, and Governance Guide
Artificial intelligence (AI) is reshaping the financial services sector, rewriting rules of finance in various ways. Banks and fintechs today are racing to take advantage of AI’s capability to personalize services, and most importantly, outsmart fraud.
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In this guide, you’ll learn:
- I.
The State of AI in the U.S. Financial Services Sector
Explore here how AI is quickly transforming the U.S. financial services sector, with banks and firms investing heavily in automation and intelligent technologies to improve efficiency and drive new revenue growth.
- II.
AI Value Creation in the Financial Services Industry
As the financial services industry adopts AI, firms are utilizing AI for value creation to personalize their services and improve various financial business functions. Discover use cases in this guide.
- III.
Risks and Governance Challenges in AI
While AI offers big opportunities, it also comes with risks and governance challenges that warn financial institutions to be more cautious in adopting intelligent technologies.
- IV.
Building a Secure and Compliant AI Governance Framework
Creating a secure and compliant AI governance framework is necessary to ensure your firm implements responsible innovation. Discover the four pillars of an AI governance framework and how Convene supports each one.
- V.
Convene Board Portal: A Step to Responsible AI Adoption for Financial Services
Learn about Convene Board Portal and its role in establishing responsible AI adoption for financial services firms.
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