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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
... 9:52
Kotai Project: The Next Big AI Crypto Revolution? 🚀

Crypto Sender

1+ months ago 13K views

Kai Project is set to revolutionize the cryptocurrency landscape by offering a platform that allows users to create bank accounts, manage crypto transactions, and process payments without KYC requirements. With innovative strategies, Kai aims to quickly facilitate crypto transactions and establish a decentralized environment focused on user privacy and security. The project also emphasizes an easy-to-use service model that supports numerous tokens for everyday transactions, aligning with their vision of transforming how users interact with cryptocurrencies. Upcoming phases include a significant ICO and the launch of various integrated financial services.
09:13 - 09:30

Users can buy tokens directly with crypto payment options, simplifying access.

Kotai Project Blockchain Finance
... 22:3
GAME OVER! TRUMP & FED WIPEOUT 6 TRILLION OFF OF A.I. BITCOIN XRP CRYPTO & STOCKS!

Cryptoteacher

1+ months ago 2K views

USDT represents a crucial stronghold for the US dollar in emerging markets amid a global push for dollarization. Many in developing regions prefer to hold US dollars over national currencies, highlighting the need for accessible financial systems. Given that billions remain unbanked or underbanked, companies need to cater to this demographic. Tether's substantial holdings in US treasuries and its efforts to connect various payment methods emphasize its growing importance in facilitating digital transactions and financial inclusion. Stablecoins are viewed as integral to the evolving financial landscape, with implications for future economic interactions and payments.
01:55 - 01:57

Tether's investment in US treasuries underscores its financial stability and influence.

Blockchain Finance
... 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
... 4:15
AI Takes Over: DBS Bank To Lay Off 4,000 Workers, Hire New 1,000 AI-Focused Roles

Mint

1+ months ago 22K views

AI is rapidly transforming the workforce at DBS Group, resulting in the elimination of 4,000 temporary jobs over the next three years as AI assumes roles traditionally held by humans. Though the bank plans to create 1,000 AI-focused positions, the CEO acknowledges that the unique capabilities of AI make job creation more challenging than in previous digital transformations. Despite cautious expansion of generative AI, the bank is wary of its risks, like misinformation. This shift reflects a broader industry trend, with expectations that global banks will reduce their workforce significantly as AI takes over more tasks.
02:22 - 02:28

DBS remains cautious about AI due to risks like misinformation.

DBS Bank Machine Learning 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
... 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