Artificial Intelligence in Finance and Open Banking
Course Info
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Course Details
Introduction
Objective
Who should attend
As Open Banking spreads across the globe, the unleashing of data will open up new market opportunities for both incumbents and startups, with the potential to radically transform the industry, creating new winners, losers, rewards and challenges.
Big data powered by artificial intelligence (AI) is dramatically reshaping the global financial services industry. Open Banking promises to transform it even further, as vast financial data sets are decoupled from incumbent institutions.
AI in Finance and Open Banking training course will first take the participants through the basics of AI, and then explore the many opportunities it provides in the data-intensive industry of finance while flagging the pitfalls they may face in adoption.
Course Outline
Introduction to AI and Data Basics
- Differentiate between ML and AI use in banking, and how both can be used to solve consumer challenges
- Understand how AI complements human intelligence and how can this be used to solve specific business problems
- Learn why data-based decision making impacts end consumers and transforms industries
- Understanding the ethical challenges that arise from AI and ML
