Merlin Liis-Toomela’s Post

💡🤖AI will have significant impact on the financial sector and to the provision of financial services. This comes with risk and regulation that the financial institutions need to take into account. Together with Merlin Liis-Toomela we have written an overview of the most important aspects to consider ⬇️ #fintech #ai #regulations

Artificial Intelligence in Finance - Are You Prepared for the Future?    Financial sector companies are increasingly integrating AI into their services to improve speed, efficiency, and customer satisfaction. But along with the opportunities come new regulatory challenges. The EU’s AI Act introduces critical rules on risk management, transparency, and compliance for AI systems.    💡 In our latest article, Ellex in Estonia experts Anneli Krunks and Merlin Liis-Toomela explain the key challenges and requirements that financial sector companies need to be aware of.    Swipe through our carousel to discover the future of AI in the financial sector and learn how it can impact your business! 👉 Read more on this at: https://lnkd.in/d35yDCWM

Reach for the future of financial services enabled by AI When AI is transforming risk management and customer experience in financial services, Vertiv can enable you to scale AI infrastructure at speed. http://ms.spr.ly/6043W0sqc #FutureOfFinance #AIFinancialServices #TransformingFinance #SmartFinanceSolutions #FinancialAI

Reach for the future of financial services enabled by AI When AI is transforming risk management and customer experience in financial services, Vertiv can enable you to scale AI infrastructure at speed. http://ms.spr.ly/6041WxzOP #FutureOfFinance #AIFinancialServices #TransformingFinance #SmartFinanceSolutions #FinancialAI

Reach for the future of financial services enabled by AI When AI is transforming risk management and customer experience in financial services, Vertiv can enable you to scale AI infrastructure at speed. http://ms.spr.ly/6047W0m0S #FutureOfFinance #AIFinancialServices #TransformingFinance #SmartFinanceSolutions #FinancialAI

Reach for the future of financial services enabled by AI When AI is transforming risk management and customer experience in financial services, Vertiv can enable you to scale AI infrastructure at speed. http://ms.spr.ly/6048WaamO #FutureOfFinance #AIFinancialServices #TransformingFinance #SmartFinanceSolutions #FinancialAI

Here’s a link to our most recent whitepaper on AI trends and challenges for financial institutions - a hot topic that we will undoubtedly be discussing for some time!

Read more on my thoughts on AI implementation from the Behavox perspective in the brilliant industry paper by the Armstrong Wolfe team.

With the rise of AI, it appears chief financial officers are on the verge of a digital revolution. AI is shaking the finance industry with chatbot assistants and fraud detection wizards. But, amidst all the buzz, are CFOs secretly yearning for simpler days? At a time when finance chiefs are under pressure to be everywhere and do everything, could artificial intelligence be the answer to their prayers - or just another spinning plate to manage? With 50% of organisations expected to use AI to replace time-consuming forecasting approaches by 2028 and 80% of CFOs planning to increase AI spending, the landscape is undoubtedly shifting. What does this mean for the future of finance? Things are about to get interesting.

Many companies are increasingly recognising the potential of #ArtificialIntelligence (#AI) to transform their operations and enhance efficiency. In credit management, businesses are adopting AI-driven solutions to help credit managers do their jobs better. In a recent interview, Stan Chang, Director Group Buyer Underwriting at Atradius, shared insights on how Atradius utilise AI and how companies can leverage AI for credit management and risk assessment. Read the full interview: https://lnkd.in/eKCYzM7z #CreditRisk #CreditManagement #AtradiusInsight