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Embedded Banking and Generative AI: Two Top Trends in Banking and Insurance Technology

March 26, 2024
in Fintech
Reading Time: 2 mins read
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Embedded Banking and Generative AI: Two Top Trends in Banking and Insurance Technology

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Final month at FinovateEurope, I had the pleasure of conducting interviews with 14 professionals, entrepreneurs, and authors from the world of fintech and monetary companies. A number of days in the past, I shared movies of my conversations with Moneyhub’s Samantha Seaton and Finthropology’s Anette Broløs.

Right now, I’m unveiling one other pair of interviews from FinovateEurope. First, I sit down with Edwin Van Bommel, Head of Technique and Innovation with ABN AMRO Financial institution. In his function with the financial institution, van Bommel is chargeable for introducing new services to shoppers within the areas of synthetic intelligence and distributed ledger know-how.

In our dialog, van Bommel and I speak concerning the other ways ABN AMRO Financial institution is leveraging enabling applied sciences like embedded banking, generative AI, and distributed ledger. We additionally speak concerning the problem of legacy programs and why they are going to nonetheless “play an necessary function sooner or later” of economic companies.

In our second video interview, Indrek Vainu, Head of Conversational AI at Zurich Insurance coverage Group, and I speak concerning the problem and alternative of synthetic intelligence in monetary companies. We mentioned ways in which generative AI, for instance, is bringing innovation to each the back and front workplace. Vainu additionally shared what he believes are the subsequent steps in AI adoption in fintech and monetary companies.

In his function as Head of Conversational AI at Zurich Insurance coverage Firm, Vainu leads actions globally which are associated to Generative AI and chatbots. He co-founded AlphaChat, a chatbot startup that was acquired by Zurich Insurance coverage Group in 2021.

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Tags: BankingEmbeddedgenerativeinsurancetechnologyTopTrends
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