This year, there are many new digital tools, of course, but we also found ingenuity in designing new financial products, education and training programs, marketing initiatives and more.įor our complete listing of the world's leading innovation labs, click here. Our sixth annual review of the World’s Best Financial Innovation Labs, we pull out the trends emerging from these industry-leading innovation centers. But AI isn’t the only technology driving change: machine learning, blockchain and cloud computing also continue to push the boundaries of what can be accomplished.Īnd not all innovations are technological. AI is even helping financial institutions navigate the compliance labyrinth. Whether trying to help banks penetrate new markets, improve overall operations or better secure data, many of the innovations to emerge in the past year from the notable fintech hubs, labs, incubators and accelerators examined by Global Finance depend on AI. But artificial intelligence-loosely defined as computing processes programmed to mimic human thinking and learning-is increasingly being used to solve thorny, near-universal challenges faced by financial institutions. It is an AI-generated answer to the question “What is Global Finance magazine?” Certainly, this is simple response to a simple query. Hey, look! Artificial intelligence works. "Global Finance is a well-respected publication in the world of international finance, known for its in-depth coverage, rigorous analysis, and insightful commentary on the latest trends and developments in the global financial landscape."
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