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The growing demand for digital technology and shifting customer demands have resulted in the increased adoption of artificial intelligence (AI) solutions to manage financial assets and enhance the customer experience. AI solutions are predominantly dependent on machine data that are generated from multiple sources, including data collected from customers and processes. The financial institutions, especially investment banks, have started using AI based analytics solutions to analyze data and identify the correlation & patterns to improve the asset management capability. These technologies are among the prominent solutions to deal with ever-changing financial regulatory & compliance environment to face the associated market risk and understand both income tax & corporate tax laws in an efficient way. AI in financial asset management is also witnessing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions that can create a competitive advantage with the use of these technologies. As data-driven financial decision becomes a more prominent factor for increasing profitability, the market is expected to witness increased usage of AI solutions across banks, financial institutions, and insurance firms. Investment banks have been the primary users of the AI technology to improve risk assessment of the customer to optimize portfolios. Furthermore, IoT, cloud technology, edge computing, security-related technology (blockchain), etc. are supporting the market growth. This trend is expected to continue during the forecast period 2019-2025, fueling the market growth at a CAGR of 33.84% to reach revenue of $11.39 billion by 2025.

The banking and financial services industry really loves its traditions, which is why the fast changes and digital disruption affecting the sector have knocked many for a loop. And credit unions are no different, despite the fact that they are more nimble and agile compared to top-heavy banks and other financial organizations. The problem is that amongst all these changes, credit unions still have to maintain their focus on the member experience, which can be complicated. First of all, customers have become agnostic about industries when comparing experiences. In other words, you aren't competing solely with other credit unions or banks or even just other organizations in the financial sector on experience, but with every other brand out there. Your members won't just think about the experience they had with another credit union or a bank when dealing with you. No, they'll compare to how they were treated by Amazon and Zappos and similar companies that have set the customer experience bar higher than ever. Another issue is that, despite their agility, credit unions are still relatively slow in implementing changes, which limits the effectiveness of any member experience initiatives being implemented. While phased and tempered change is advisable in the financial sector, financial organizations are moving so slowly that it is almost stagnant.

"One thing the election made clear: Boston's large financial industry should not expect a reprieve from tougher rules, dashing hopes that a new president and Congress would rewrite the Dodd-Frank law or eliminate the Consumer Financial Protection Bureau."The status quo remains," said Scott Talbott, senior vice president for government affairs at The Financial Services Roundtable, which represents major financial firms."Read More...

International day for persons with disabilities on 3rd December - Note on schemes for the welfare of persons with disabilities and concessions available to them. The Government of India is committed for the realization of full participation, protection of rights, and equal opportunities to all including persons with disabilities. India is a country where most of the population lives in the rural areas and accessing the health and rehabilitation services has always been a challenge. In a Backgrounder issued yesterday, a brief summary of the major steps initiated by the Ministry of Social Justice & Empowerment in this direction were given. Following is the Background Note on the legislative and Institutional framework along with the major schemes of the Ministry of Social Justice & Empowerment for the welfare of the People with Disabilities (PwDs). The Note also contains information on facilities and concessions available to PwDs under other central schemes which are being run by other Union Ministries. OFFER ON INTERNATIONAL DISABILITY DAY Wheelchair @ 4499 INR Tricycle @ 6500 INR Legislative Framework: There are four important legislations dealing on disabilities issues- The Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995, has laid the foundation of recognition of rights for Persons with Disabilities and has facilitated development of specific programmes for their education, rehabilitation, employment, non-discrimination and social security. The Rehabilitation Council of India Act, 1992 regulates and monitors training of rehabilitation professionals and personnel. The National Trust for the welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999, aims at enabling and empowering persons with disabilities to live independently as fully as possible in their community. Mental Health A

With the financial sector on the rise, here are four cheap, small-cap financial stocks that have been on the rise.

Financial transparency is essential for making educated decisions and building trust in the fast-paced corporate sector. It is imperative to have managed and corrected financial statements and Compilation report. To help businesses stay on top of their financial game, ZE Global is pleased to offer specialist services in unaudited financial statements and the development of unaudited financial reports.

Recovery in UK financial sector The Independent reported today that according to CBI/PricewaterhouseCoopers, the volume of business in the financial services sector grew for the eighth consecutive three-month period, and at well above the average pace during the first quarter of the year.

Most American banks passed the Federal Reserve's stress tests, but what does this mean for the future of the financial sector?

Sector Specific ETFs, most notably the SPDR Sector Select funds, provide an excellent opportunity to make broad bets on the success or failure of an entire industry.

The biggest winners have been the most beaten-down stocks during the financial crisis. Of course, these companies also had the most to recover from.

In 2003 Rana Kapoor grabbed the opportunity to display his financial foresight and founded Yes Bank. His magnetism captured the public eye for a long time. Known for his meteoric rise and entrepreneurial success, let us get to know the man behind this enterprise who singlehandedly turned this brand new bank into the 4th largest private sector bank in India in a matter of a little over a decade. Birth of A Passion Born to a middle class family in Delhi, Kapoor had big dreams as a child. He often shared his dreams of starting his own company with his grandfather, who had immense trust in the young grandson's dreams. After graduating from Shri Ram College of Commerce in New Delhi in 1977, he went off to USA to fulfill his dreams. He enrolled for MBA at Rutgers University in New Jersey. It was this stint that got him deeply inspired to pursue a banking career. He wanted to create something big, in this model, back in India. But before that he needed some more experience. Thus, upon the completion of MBA, he began his banking career as a management trainee in the Bank of America (BoA). With a deep passion for banking, Rana Kapoor's career flourished in 1980 at Bank of America (BoA), as he rose the ranks. His stance of taking intuitive risks, which brought him success every time, was highly commended by his employers. In 1990, he was awarded the coveted Eagle Pin by the chairman of the bank. With such a promising career trajectory, soon he became the head of their wholesale banking business as well as several high stakes assignments in various countries of Asia. However, all that success was not enough for him, as he had bigger dreams, of starting his own venture. After nearly a two-decade-long flourishing corporate career, Kapoor was resolved to embark on his own venture. He wanted to create something that he could call his own. He kept yearning for creative independence and even came up with an interesting business plan to create a non-banking finance company with f

The fertiliser sector in India has been through difficult times in recent years. Stagnant production, no fresh investment and poor financial health of the units were accompanied by high level of import, imbalanced use of nutrients and deteriorating soil health. Mounting subsidy bill posed a serious fiscal management problem to the government.

The double digit growth clocked by the country's manufacturing sector in 2009-10 - a year marked by unprecedented financial turmoil and demand slump in all major economies across the globe was hailed by the Indian industry.

Jon Corzine's MF Global reported record losses on Tuesday and saw its stock lose nearly half it's value while stocks across the financial sector showed declines.

this site is about Wealth Accumulation Planning. it will give you advice to become financially successful. it has a short comparison about investment in different financial sectors and their results.

Looking for financial software services solution? Aegis Software offering solutions and services for focused on Banking Software, Insurance sector and other Financial Software Services.

Stocks shot up across the financial sector, buoyed by news of a deal among European leaders for a bailout plan to relieve the Euro Zone debt crisis.