Gartner predicts at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. This statistic reveals a harsh truth: Many organisations struggle to move from experimentation to real-world impact. In our latest article with Fintech News Singapore - part of Fintech News Network, we explore the critical factors that separate successful AI implementations from those that fail. From identifying the right use cases to scaling solutions effectively, we share insights on how organisations can maximise their GenAI investments and stay ahead of the curve. Read the full article with APAC Data & AI Lead, Andrea Perl here: https://lnkd.in/gk3mcGvJ #fintech #GenerativeAI #GenAI #innovation
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"Exploring why 30% of GenAI projects are abandoned post-PoC and how to drive successful AI implementations. Insights shared with Andrea Perl, APAC Data & AI Lead, on maximizing GenAI investments. https://lnkd.in/g3dD9mxV"
Gartner predicts at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. This statistic reveals a harsh truth: Many organisations struggle to move from experimentation to real-world impact. In our latest article with Fintech News Singapore - part of Fintech News Network, we explore the critical factors that separate successful AI implementations from those that fail. From identifying the right use cases to scaling solutions effectively, we share insights on how organisations can maximise their GenAI investments and stay ahead of the curve. Read the full article with APAC Data & AI Lead, Andrea Perl here: https://lnkd.in/gk3mcGvJ #fintech #GenerativeAI #GenAI #innovation
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Why Are Financial Institutions Stuck in the PoC Phase for GenAI? In my recent interview with Fintech News Singapore - part of Fintech News Network, I share insights on overcoming "POC-itis" and transforming GenAI projects to valuable solutions. 💡 Key takeaway: Proprietary data and strategic scaling are the ultimate differentiators for unlocking GenAI's potential in financial services. 👉 Read the full article here: https://lnkd.in/gZTPYupY Let’s connect to discuss how we can drive meaningful innovation together! 🚀 #GenAI #FinancialServices #ResponsibleAI #Zuhlke Ravi Patel Yudesh Soobrayan Binoy Dennis Lewis
Gartner predicts at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. This statistic reveals a harsh truth: Many organisations struggle to move from experimentation to real-world impact. In our latest article with Fintech News Singapore - part of Fintech News Network, we explore the critical factors that separate successful AI implementations from those that fail. From identifying the right use cases to scaling solutions effectively, we share insights on how organisations can maximise their GenAI investments and stay ahead of the curve. Read the full article with APAC Data & AI Lead, Andrea Perl here: https://lnkd.in/gk3mcGvJ #fintech #GenerativeAI #GenAI #innovation
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💡 Fintech's Next Frontier The fintech industry is entering a new era, fueled by the transformative potential of Generative AI (GenAI). While financial services have seen groundbreaking innovation in recent years, persistent challenges such as compliance complexities, fraud prevention, and widening access to credit remain significant hurdles. GenAI offers a transformative toolkit, capable of reshaping these critical areas and beyond. The opportunity is vast, but so are the stakes. To maximize the potential of Generative AI, fintech companies must strategically align their goals with the right tools, platforms, and partnerships. Much like the internet once revolutionized commerce, GenAI is set to redefine financial operations, empowering businesses to innovate and deliver superior value to their customers. 🚀 Generative AI isn’t just enhancing fintech innovation—it’s the driving force for the future of financial services and markets. We've highlighted some of the most innovative companies below and on our Mangusta Capital market map below. See the full write-up on our Medium blog below! #fintech #AI #AIAgent #VentureCapital #TechInvesting #AIApplications
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In this whitepaper, we explore key strategies to bring in top-notch AI talent, attract significant global investments, and encourage collaboration among important players in finance. It is interesting to see Singapore's role as a leader in integrating AI into finance, setting a high standard for others to follow. Whether you're shaping policies, leading in the industry, or driving technology advancements, these insights will give you the tools to make AI work effectively in your domain and APIX Platform has the key to help you achieve it. Many thanks to Amdocs for this partnership and Monetary Authority of Singapore (MAS) and Oliver Wyman for making this a success. Download report here: https://bit.ly/3wc8sp0
🌐 Unveiling the Future of AI in Finance: Discover our latest whitepaper, in collaboration with the Monetary Authority of Singapore (MAS), Oliver Wyman Asia Pacific and Amdocs. This report explores the role of Artificial Intelligence (AI) in the financial sector, and drivers propelling Singapore's journey towards becoming a globally recognised AI hub in finance. Discover insights on Singapore’s AI ecosystem, how to attract top AI talent, foster global investment in AI FinTechs, and accelerate collaboration between regulators, financial institutions, and AI innovators to fuel innovative solutions and growth. Download report here: https://bit.ly/3wc8sp0 #AIinFinance #FinTech #FinTechHub #APIXPlatform
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💡 Fintech's Next Frontier The fintech industry is entering a new era, fueled by the transformative potential of Generative AI (GenAI). While financial services have seen groundbreaking innovation in recent years, persistent challenges such as compliance complexities, fraud prevention, and widening access to credit remain significant hurdles. GenAI offers a transformative toolkit, capable of reshaping these critical areas and beyond. The opportunity is vast, but so are the stakes. To maximize the potential of Generative AI, fintech companies must strategically align their goals with the right tools, platforms, and partnerships. Much like the internet once revolutionized commerce, applications of GenAI within fintech are set to validate Mangusta's belief in layer AI startups. They leverage real toolset and proprietary dataset advantages to redefine financial operations, empowering businesses to innovate and deliver superior value to their customers. 🚀 Generative AI isn’t just enhancing fintech innovation—it’s the driving force for the future of financial services and markets. See the full write-up on the most innovative companies on our Medium blog below! #fintech #AI #AIAgent #VentureCapital #TechInvesting #AIApplications
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🌐 Unveiling the Future of AI in Finance: Discover our latest whitepaper, in collaboration with the Monetary Authority of Singapore (MAS), Oliver Wyman Asia Pacific and Amdocs. This report explores the role of Artificial Intelligence (AI) in the financial sector, and drivers propelling Singapore's journey towards becoming a globally recognised AI hub in finance. Discover insights on Singapore’s AI ecosystem, how to attract top AI talent, foster global investment in AI FinTechs, and accelerate collaboration between regulators, financial institutions, and AI innovators to fuel innovative solutions and growth. Download report here: https://bit.ly/3wc8sp0 #AIinFinance #FinTech #FinTechHub #APIXPlatform
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AI is set to completely transform the landscape of the FinTech industry! 💡 Want to know how? Get ready for a groundbreaking discussion with Krzysztof Bratnicki of Inetum at the #NorwayFinTechFestival. Expect the discussions that will challenge the status quo, pushing the boundaries of what's possible in the industry. Don't miss this opportunity to delve into the transformative power of #AI in FinTech 🎯 Secure your spot now and join Krzysztof on 16–18 April in Bergen! 📅 #AIinFinTech #Innovation #DigitalBanking
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🔔 The key to financial innovation lies in balancing cutting-edge technology with practical implementation. In the latest episode of the Sikoia Unified Interview Series, Oli Platt, Head of Client Solutions at NayaOne, discusses how synthetic data, rapid experimentation, and AI are transforming the fintech landscape. He explains how NayaOne’s digital sandbox reduces evaluation times for proof-of-concepts (PoCs) initiatives from several months to just 6-9 weeks. This acceleration not only fosters innovation but also optimises the balance between automation and human oversight. Discover how NayaOne is driving the next wave of bank-fintech partnerships. Check out the full interview to see how NayaOne is enabling secure, rapid innovation in financial services through its Digital Sandbox. [Link in comments] 👇 #Fintech #DigitalSandbox #AI #SyntheticData #BankingInnovationn #BankingTechnology #BankFintechPartnerships
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Will companies that ignore AI solutions survive? Hear from Damiano Sclofani, Senior Business Development Executive at Resistant AI, and one of the fintech experts we met at the Innovate Global Summit 2024 by Innovate Finance in London. 📈 The rapid development of AI is challenging for those who don't keep up, and a strategic approach to AI is essential for long-term survival. Don't get left behind! Guide your business transformation based on real-world successful implementations of AI in fintech. Click the link to learn more: https://lnkd.in/ghFrARYV 💡 #IFGS2024 #fintech #finance #ai #techtrends
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The AIFINTECH100 report: Official Link: https://lnkd.in/g2Y9ZAwz Insightful Report on the Top 100 Most Innovative AI Companies in FinTech The newly released AIFINTECH100 report profiles the world's 100 most innovative companies developing AI technologies for the financial services industry. This annual list, curated by a panel of industry experts, highlights the leading AI solution providers that every financial institution should know about as they evolve their digital transformation strategies. The report provides in-depth overviews of each of the AIFINTECH100 companies, covering their areas of focus, growth metrics, technology innovations, and importance to financial institutions. It offers a valuable analysis of the current AI landscape in fintech, identifying the key applications, technologies, and use cases that are driving #transformation across #banking, #insurance, #wealth management, and other #financial sectors. Overall, this report is highly recommended for financial services executives, #technology and #IT professionals, business leaders, and anyone who wants to get deeper insights into the increasing industry of AI in finance. It goes straight to the ‘heart’ of making the right distinction to identify and feature the right AI masters who are likely to shape the future of this promising industry. Thank you FinTech Global Tony Moroney Zvonimir Filjak Prof. Dr. Ingrid Vasiliu-Feltes Igor Babych Arjun Vir Singh Arthur Bedel 💳 ♻️ Sam Boboev Prasanna Lohar David Jimenez Maireles #AIFINTECH100 #fintech #AI #digitaltransformation #financialservices
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Isn’t this a reasonable number of POCs to fail? If all POCs succeed, then it’s probably not a POC?