Remove Banking Remove Credit Risk Remove Profit and Loss Remove Risk Management
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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. This helps lenders proactively tackle credit risks.

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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

A notable example is the Bank of America, which employs AI to maintain the integrity of transactions and combat fraud. By scrutinizing various data points such as payment history and IP addresses, the bank swiftly , identifies anomalies.

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APAC capital markets during the COVID-19 crisis

Future CFO

Central banks are also pushing their supervised entities to go digital and prepare for their requirements and rewards. In the Philippines, the race on who can implement the best digital strategies and increase the use of digital banking among its clients and customers are on. How has COVID-19 impact the APAC credit markets?

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Data Dive: Disappointment Edition

PYMNTS

Disappointed millennials rejected by credit card companies. Disappointed Amazon investors — who were happy to hear about the profits, but wanted more of them — followed by disappointed Amazon execs who watched their share price take a haircut. Amazon – Sometimes Profit Isn’t Enough. Amazon did make a profit last quarter.

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Model Behavior: Banks See AI As A Customer Experience Tool

PYMNTS

Mastercard ’s Vice President, Global Head of Product for Artificial Intelligence (AI) Express and Credit Risk Amyn Dhala told Karen Webster in a discussion that technology can make that real-time risk management attainable. But AI, he said, can provide a lot more than that in terms of protecting FIs from risk.

Banking 106
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Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand

PYMNTS

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43
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Transcript: Kristen Bitterly Michell

Barry Ritholtz

It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. It was at Bank One, at the time. RITHOLTZ: There’s always risk involved with counterparties …. BITTERLY MICHELL: Always risk. BITTERLY MICHELL: … risk management.