In this blog, we highlight some key research on GenAI published by Accenture and BCG, on how banks can implement GenAI for productivity gains and cost savings.
Lucinity's innovative approach to artificial intelligence within the financial sector has been recognized in a recent Financial Times article about good governance co-existing with innovation.
This blog explores the impact of the EU's AI Act on businesses, emphasizing how this legislation ensures the safe and ethical use of AI and serves as a catalyst for innovation and growth.
Italy has banned ChatGPT, an OpenAI startup, due to concerns about violating EU data privacy regulations, sparking a debate on AI regulation. In this blog, we discuss three dimensions of AI: regulated, responsible, and restricted.
Lucinity explores Generative AI such as chatGPT offers exciting opportunities for Financial Institutions, particularly in the field of Financial Crime and compliance investigations.
In this blog, we discuss whether AI is already being used by bad actors to commit financial crimes and perform fraud against financial institutions and their customers.
The AML industry is being transformed by the marriage of human intelligence and technology through augmented intelligence and generative AI. These technologies are making compliance teams faster and more efficient with a significant ROI.