AI Pays Off: Survey Reveals Financial Industry’s Latest Technological Trends

The financial services industry is reaching an important milestone with AI, as organizations move beyond testing and experimentation to successful AI implementation, driving business results. NVIDIA’s fifth annual State of AI in Financial Services report shows how financial institutions have consolidated their AI efforts to focus on core applications, signaling a significant increase in AI
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How AI Helps Fight Fraud in Financial Services, Healthcare, Government and More

Companies and organizations are increasingly using AI to protect their customers and thwart the efforts of fraudsters around the world. Voice security company Hiya found that 550 million scam calls were placed per week in 2023, with INTERPOL estimating that scammers stole $1 trillion from victims that same year. In the U.S., one of four
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Indonesia Tech Leaders Team With NVIDIA and Partners to Launch Nation’s AI

Working with NVIDIA and its partners, Indonesia’s technology leaders have launched an initiative to bring sovereign AI to the nation’s more than 277 million Indonesian speakers. The collaboration is grounded in a broad public-private partnership that reflects the nation’s concept of “gotong royong,” a term describing a spirit of mutual assistance and community collaboration. NVIDIA
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2025 Predictions: AI Finds a Reason to Tap Industry Data Lakes

Since the advent of the computer age, industries have been so awash in stored data that most of it never gets put to use. This data is estimated to be in the neighborhood of 120 zettabytes — the equivalent of trillions of terabytes, or more than 120x the amount of every grain of sand on
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Bring Receipts: New NVIDIA AI Workflow Detects Fraudulent Credit Card Transactions

Financial losses from worldwide credit card transaction fraud are expected to reach $43 billion by 2026. A new NVIDIA AI workflow for fraud detection running on Amazon Web Services (AWS) can help combat this burgeoning epidemic — using accelerated data processing and advanced algorithms to improve AI’s ability to detect and prevent credit card transaction
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Fintech Leaders Tap Generative AI for Safer, Faster, More Accurate Financial Services

An overwhelming 91% of financial services industry (FSI) companies are either assessing artificial intelligence or already have it in the bag as a tool that’s driving innovation, improving operational efficiency and enhancing customer experiences. Generative AI — powered by NVIDIA NIM microservices and accelerated computing — can help organizations improve portfolio optimization, fraud detection, customer
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