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Infrastructure, talents are some of the challenges finance industry faces in adopting AI: Provenir

e27 Logoe2712h ago

Infrastructure, talents are some of the challenges finance industry faces in adopting AI: Provenir - e27

Quick Summary:

Even before the rising popularity of ChatGPT and similar tools, the finance industry has begun to explore the use of AI in its various sectors.

Now that we have an understanding of the ongoing and upcoming trends in AI usage in the finance industry, what opportunities does Provenir intend to pursue as a data and AI-powered risk decisioning software?

Through AI-powered platforms, banks can create loan origination experiences that drive customer loyalty,” Vellore points out.“Other benefits including improving overall efficiency and productivity cannot be overlooked.


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Article Details

Author / Journalist: Anisa Menur

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 05:15:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 1033 words

Reading Time: 6 minutes read

Sentences: 1 lines

Sentence Length: 1033 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 21746100

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About e27

e27 Logo

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 11 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 12 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

Publisher Details

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The story "Infrastructure, talents are some of the challenges finance industry faces in adopting AI: Provenir" was covered 12 hours ago by e27, a news publisher based in Singapore.

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