Palo Alto – > Poland, November 11, 2024

The webinar dealt the transformative impact of artificial intelligence (AI) and machine learning (ML) within the financial services sector. The webinar was provided by Daniel Chatelain and Hamid Farzaneh. This session was focused on several key applications, including:

  • Fraud Detection: Exploration of advanced algorithms and machine learning techniques that are revolutionizing the way financial institutions detect and combat fraudulent activities, ensuring safer transactions for consumers and businesses alike.
  • Risk Management: Presentation of AI and ML that are being utilized to enhance risk assessment processes, enabling institutions to make more informed decisions and mitigate financial risks more effectively.
  • Personalized Services: Explanation of ways in which AI is enabling personalized financial services, from tailored investment advice to customized banking experiences, ultimately improving customer satisfaction and loyalty.

Throughout the webinar, the discuss emerging opportunities for academic research in these critical areas was conducted. That included identifying gaps in the literature, proposing innovative methodologies, and exploring potential collaborations between academia and industry.

We addressed important ethical and regulatory considerations within the European context, emphasizing the need for responsible AI practices in financial services. This discussion encompassed the implications of data privacy, transparency, and the balancing of innovation with compliance.

Additionally, we examined the methodological challenges researchers face when applying AI and ML techniques in financial contexts. This portion of the webinar provided insights into best practices, common pitfalls, and how to navigate the complexities of data analysis in this rapidly evolving field.

This engaging session was designed specifically for academics, practitioners, and researchers interested in the future of AI in fintech research. Participants had the opportunity to engage in a lively Q&A session, allowing for the exchange of ideas and fostering a collaborative environment.