Ron Cogburn

May 16, 2024 | finextra.com | Jaideep Dhok |Steve Wilcockson |Anna Mazzone |Ron Cogburn

Fintech has been driving change across financial services for well over a decade, attracting many billions of dollars’ worth of investment along the way. Recent quarters have seen a slowing in the rate of deals being done but fintech innovation remains a very powerful economic driver across the global economy.

May 15, 2024 | finextra.com | Jaideep Dhok |Steve Wilcockson |Anna Mazzone |Ron Cogburn

This article was co-authored by Praveen Bhadada, Head of Generative AI, Persistent Systems. In less than two years since its inception, Generative AI (GenAI) has become a pivotal area of investment in North America's Banking, Financial Services, and Insurance (BFSI) sector, outpacing earlier tech waves like Cloud, Mobility, and Blockchain. GenAI’s ability to create new contextual content and unlock business solutions using existing data is setting the stage to revolutionize the industry.