The New Skills in Finance Report 2022
In a digital-transforming era, there is a widening skills gap for those who cannot adapt to the new digital world in finance.
CFTE and Elevandi published the report with the discussion with leading experts to help governments, organisations and individuals address the current skills gap in finance and build a digital-resilient workforce in the industry.
Key takeaways from "Banking on a game-changer: AI in financial services" report published by The Economist
CFTE summarised “Banking on a game-changer: AI in financial services” report by The Economist. The report examines the growing adoption of AI in the financial services industry.
- The report highlights how banks are leveraging AI for business priorities like back-office efficiency, product innovation, and new business models, while also addressing the increasing complexity and risks associated with AI.
- It focuses on how AI is being used innovatively in various areas such as fraud detection, IT operations optimization, digital marketing, and personalizing customer experiences. It also touches upon the challenges and strategic approaches banks are adopting to leverage AI effectively
Table of Contents
- Introduction to AI in Financial Services
- Adoption and Implementation of AI in Banking
- AI in Fraud Detection and IT Operations
- Enhancing Customer Experience through AI
- AI in Wealth Management and Investment
- Business Success and AI-First Business Models
- Regulatory Challenges and Risk Management
- The Importance of Skills and Culture in AI Adoption
Key Findings and Insights
This report will give you an insight into: