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Why did Moody's—a legacy financial institution built on risk assessment—move aggressively to adopt generative AI, an unproven technology? Because leadership calculated that the risk of standing still outweighed the risk of moving fast.
From data exposure to hindered skills development, poorly supervised AI use can put companies at considerable risk.
The industry increased its hiring of governance and ethical use professionals last year, according to Evident Insights.
From boosting corporate sales at MUFG to giving Bridgewater tools to build an AI investment analyst, here's how AWS is helping finance giants with AI.
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The US is going all-in on AI, with spending projected to hit a massive $120 billion by the end of 2025, a 26% annual gro
IBM's Shanker Ramamurthy and Monica Martins look at how banks can ensure success in the age of AI, asking: which banks will lead?
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this solution that must be addressed.