Ioan Iacob

Sep 10, 2024 | globalbankingandfinance.com | Ioan Iacob |Jessica Weisman-Pitts

Published : 4 mins ago, on 10/09/2024By Ioan Iacob, CEO / Co-founder FlowX.AIThe financial services industry is at a critical juncture. Despite staggering investments, banks are still struggling with digital transformation. But why? Let’s dive into the tangled web of challenges banks face, the failed promises of past solutions, and take a look at what I believe to be the path towards a brighter future. The Harsh RealityImagine trying to overhaul a massive ship while it’s still sailing.

Aug 3, 2024 | finextra.com | Roman Eloshvili |Denys Boiko |Ioan Iacob |Dmytro Spilka

Any new technology advancement comes with benefits as well as challenges attached. Financial industry always maintains a follower strategy, accepting a NextGen solution. However, there are some non-impacting financial use cases which can influence customers in terms of behavior and sentiments through the current NextGen technology (Gen AI).

Aug 2, 2024 | finextra.com | Ioan Iacob |Dmytro Spilka |Oliver Tearle |Eldad Tamir

In the last couple of years, artificial intelligence (AI) has evolved from a new technology to a well-known term, integrating itself into various sectors. In fact, Capgemini research predicts that explosive GenAI adoption will only continue with three in five organisations seeing innovative work as the largest benefit of the technology. As AI becomes a permanent fixture, it is the responsibility of business owners and professionals to determine how to integrate it into their daily operations.

Aug 1, 2024 | finextra.com | Ioan Iacob |Dmytro Spilka |Oliver Tearle |Eldad Tamir

Source: Big data has been transforming companies and entire industries worldwide for well over a decade but money continues to pour into the field as enterprises become ever more data driven. Indeed, figures show a 54 per cent increase in data analytics spending worldwide in 2024.