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The Evolve Technology Conference 2024 in Las Vegas will highlight AI's transformative role in financial services. Key industry leaders will discuss AI's impact on customer interactions, operational efficiency, and cybersecurity. With a significant portion of financial institutions adopting generative AI, the conference aims to explore innovative solutions for IT leaders.
A recent survey indicates that 43% of consumers are open to using AI for financial inquiries, showcasing the technology's growing influence. The conference will also address challenges such as cybersecurity and the need for AI literacy among the workforce. Attendees will have opportunities to network and learn from experts about the future of AI in finance.
• 43% of consumers are willing to use AI for financial questions.
• AI in Trade Finance Market projected to reach $38.9 billion by 2033.
The article highlights that over 40% of financial institutions are already utilizing generative AI.
AI is enhancing cybersecurity by detecting sophisticated threats and analyzing large transaction volumes for fraud.
The conference emphasizes the importance of preparing the workforce to be AI literate as financial services adopt these technologies.
Trace3 is hosting the Evolve Technology Conference to explore AI's impact on the financial services sector.
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