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... 6:48
Jamie Dimon On AI impact: It Will Replace Jobs In Banking And Financial Services

Business Today

1+ months ago 5K views

AI is poised to revolutionize various sectors, much like electricity and the internet. At JP Morgan, extensive investments are made in AI and machine learning, with 450 use cases projected to increase to 800 by year-end. These technologies enhance operations in risk management, fraud detection, and customer service, with significant cost savings. The importance of regulation is emphasized, recognizing potential job displacement while advocating for the responsible use of consumer data. Open banking is supported, allowing consumers more control over their data while ensuring data security and proper consent.
03:11 - 04:21

Massive data resources enable advanced machine learning applications while prioritizing customer interests.

JPMorgan Chase Machine Learning Finance
... 6:23
Oracle stock: Portfolio manager says buy on business shift to cloud ai and data security

Yahoo Finance

1+ months ago 1K views

Oracle has transformed from a database company to a cloud and AI leader, which is evident with its 20% growth driven by AI demand. The company anticipates at least 10% annual revenue growth over the next five years. The AI landscape benefits from Oracle's capabilities in data security and cloud computing, with a focus on helping corporate America optimize operations using AI applications. Conversely, concerns regarding competition and overall market conditions impact other firms like Capital One, which is sensitive to economic changes and financial conditions, potentially affecting its credit reliability.
02:09 - 02:19

Oracle is positioned as a cost-effective provider in database and cloud computing.

Oracle AI cloud services Finance
... 5:21
PLTR Rallies Off R1 Partnership, Expands A.I. Footprint

Schwab Network

1+ months ago 3K views

Palantir has announced a new partnership with R1 to automate healthcare billing processes through an AI-powered platform called R3. This development aims to streamline payment collection for hospitals and reduce administrative costs, which account for 40% of hospital budgets. In the context of recent partnerships and pressures related to government contracts, Palantir appears to be accelerating its commercial relationships, showcasing impressive growth projections despite ongoing concerns about valuation within the competitive landscape.
Palantir Machine Learning Healthcare
... 17:8
XRP HOLDERS THE BANKS ARE ABOUT TO CHANGE EVERYTHING - PAYMENTS, AI AGENTS & DEFI

Common Sense Crypto

1+ months ago 26K views

XRP will transform the banking system, as Jamie Dimon recognizes the need for a resilient financial architecture. Dimon's recent comments suggest a desire to return to traditional banking, while Ripple's Brad Garlinghouse indicates substantial collaboration between Ripple and major banks like JP Morgan, aiming for better payment interoperability. The OCC has authorized federal banks to engage in crypto activities, allowing smaller banks to compete with larger institutions. Ripple's technology and the upcoming central bank digital currencies (CBDCs) in Europe and potentially the US point to a significant shift in the financial landscape, fostering innovation and competitive equality in the industry.
Blockchain Finance
... 6:14
#ONPASSIVE Your Bank's New Best Friend: How AI is Changing Customer Service

RobLynn

1+ months ago 2K views

Artificial intelligence is transforming banking by providing instant responses to customer queries, reducing wait times, and enhancing overall efficiency. AI technologies like chatbots are revolutionizing how customers interact with banks, offering personalized services and proactive financial advice. The analysis of customer data allows banks to anticipate needs and detect fraudulent activities, ensuring a safer banking experience. The future of banking is an integrated approach where AI complements human bank services, creating a more user-friendly financial ecosystem. This shift toward AI-driven banking enables customers to manage their finances more conveniently and securely.
03:41 - 04:00

AI enhances security by detecting fraud and preventing identity theft.

ONPASSIVE Chatbots Finance
... 5:
#ONPASSIVE Your Money and AI: What Lies Ahead?

RobLynn

1+ months ago 2K views

Artificial intelligence is transforming banking by analyzing data to provide personalized financial advice, anticipate customer needs, and enhance security. AI-powered chatbots and analytics are already being employed by banks for fraud detection, customer support, and tailored financial insights. As technology evolves, the integration of AI will redefine banking by improving service efficiency and security, while also necessitating a symbiotic relationship between AI and human professionals to enhance the customer experience. This adaptation will allow banking professionals to focus on strategic tasks that require human creativity and empathy.
03:00 - 03:20

AI automation will shift focus toward meaningful human interactions in banking.

ONPASSIVE Machine Learning AI Startups
... 30:16
How AI is Powering Payments, with Greg Ulrich of Mastercard

a16z

1+ months ago 2K views

MasterCard is leveraging AI technology to enhance operational efficiency and improve services across various sectors. The integration of generative AI into existing fraud management and personalization solutions showcases its commitment to innovation. A holistic approach to utilizing various data modalities, coupled with the right analytical techniques, is essential for achieving a single source of truth and driving impactful results. By embedding AI solutions, MasterCard aims to create safer, smarter, and more personalized financial services while maintaining a strong focus on governance and data safeguarding measures.
04:29 - 05:05

Generative AI enhances existing fraud solutions by adding new predictive features.

Mastercard Machine Learning Finance
... 30:16
How AI is Powering Payments, with Greg Ulrich of Mastercard

a16z

1+ months ago 2K views

MasterCard is leveraging AI technology to enhance operational efficiency and improve services across various sectors. The integration of generative AI into existing fraud management and personalization solutions showcases its commitment to innovation. A holistic approach to utilizing various data modalities, coupled with the right analytical techniques, is essential for achieving a single source of truth and driving impactful results. By embedding AI solutions, MasterCard aims to create safer, smarter, and more personalized financial services while maintaining a strong focus on governance and data safeguarding measures.
04:29 - 05:05

Generative AI enhances existing fraud solutions by adding new predictive features.

Mastercard Machine Learning Finance