Resources
178 articles on AI, banking and technology by Dato Arif Siddiqui and invited contributors, newest first.
Article · AI in Banking
Letters of Credit (L/C) is a critical process in international trade, ensuring that payments between buyers and sellers are securely managed.
Dato Arif Siddiqui · 23 Aug 2024
Article · AI in Banking
Community banks have long been the backbone of the American financial system, providing essential banking services to local communities, small businesses, and agricultural enterprises.
Dato Arif Siddiqui · 21 Aug 2024
Article
Biometric identity management is rapidly becoming a cornerstone of security strategies in the banking industry. As financial institutions strive to enhance customer security, reduce fraud, and streamline authentication…
Dato Arif Siddiqui · 20 Aug 2024
Article · AI in Banking
The integration of Artificial Intelligence (AI) in Know Your Customer (KYC) processes has transformed how banks conduct identity verification, due diligence, and ongoing monitoring of their customers.
Dato Arif Siddiqui · 19 Aug 2024
Article
Virtual or neobanks, digital-only banks, have seen exponential growth over the past decade. As of 2024, the global neobank market is estimated to be valued at approximately $66.9 billion, with projections to reach…
Dato Arif Siddiqui · 18 Aug 2024
Article · AI in Banking
AI has become an essential tool for wealth managers, enhancing their ability to deliver personalized financial advice, optimize portfolios, and improve operational efficiency.
Dato Arif Siddiqui · 15 Aug 2024
Article · AI in Banking
Credit risk management is a fundamental component of financial institutions, particularly in the banking sector, where the ability to accurately predict the likelihood of a borrower defaulting on a loan is critical.
Dato Arif Siddiqui · 14 Aug 2024
Article · AI in Banking
The competitive landscape of banking has made it imperative for financial institutions to explore innovative ways to increase revenue through cross-selling and upselling.
Dato Arif Siddiqui · 13 Aug 2024
Article
Corda, developed by R3, is a blockchain platform for regulated environments and financial institutions. It’s not just another blockchain; Corda is uniquely tailored to meet the complex needs of industries where privacy,…
Dato Arif Siddiqui · 13 Aug 2024
Article · AI in Banking
The emergence of AI and smart contracts is driving a paradigm shift in how organizations manage their contracts.
Dato Arif Siddiqui · 11 Aug 2024
Article · AI in Banking
The banking industry has undergone a profound transformation with the advent of artificial intelligence (AI). Banks are increasingly leveraging AI to enhance customer experiences, streamline operations, and offer…
Dato Arif Siddiqui · 11 Aug 2024
Article · AI in Banking
In today's fast-paced world, consumers demand more personalized services across all industries, and banking is no exception.
Dato Arif Siddiqui · 10 Aug 2024
Article
The global market for real estate tokenization is rapidly evolving, with increasing interest and investment. According to various reports, the market size for real estate tokenization is projected to grow significantly…
Dato Arif Siddiqui · 9 Aug 2024
Article · AI in Banking
Real-time payments (RTP) have seen a remarkable surge globally, revolutionizing the way transactions are conducted.
Dato Arif Siddiqui · 7 Aug 2024
Article · AI in Banking
Artificial Intelligence (AI) is revolutionizing cybersecurity by significantly enhancing threat detection and response capabilities.
Dato Arif Siddiqui · 6 Aug 2024
Article · AI in Banking
Are you ready to revolutionize loan processing? Discover the transformative power of AI in loan origination, enhancing speed, accuracy, and efficiency.
Dato Arif Siddiqui · 4 Aug 2024
Article · AI in Banking
The chart from Statista highlights the penetration rates and average annual transaction values per user for mobile point-of-sale transactions across selected countries in 2023.
Dato Arif Siddiqui · 3 Aug 2024
Article · AI in Banking
Artificial Intelligence (AI) and Machine Learning (ML) have rapidly become integral to the financial services industry, including investment banking and portfolio management.
Dato Arif Siddiqui · 2 Aug 2024
Article
In recent developments, a deepfake audio message impersonating US President Joe Biden has raised alarm among disinformation experts worldwide.
Dato Arif Siddiqui · 1 Aug 2024
Article · AI in Banking
Predictive analytics, driven by machine learning (ML), is revolutionizing the banking industry. By harnessing vast amounts of data, predictive models can forecast future trends, detect fraud, optimize customer…
Dato Arif Siddiqui · 31 Jul 2024
Article · AI in Banking
Digital transformation in the banking sector has brought about a significant shift in how customer segmentation is conducted.
Dato Arif Siddiqui · 29 Jul 2024
Article · AI in Banking
As global non-cash transaction volumes continue to rise, financial institutions face escalating costs in transaction monitoring.
Dato Arif Siddiqui · 27 Jul 2024
Article · AI in Banking
Fraud and scams, such as account takeover (ATO) and authorized push payment (APP), have become significant concerns for payment providers.
Dato Arif Siddiqui · 26 Jul 2024
Article · AI in Banking
U.S. Senator Richard Blumenthal, Chair of the Permanent Subcommittee on Investigations (PSI), led a hearing titled “Instant Payments, Instant Losses: Zelle and the Big Banks Fail to Protect Consumers from Fraud.” The…
Dato Arif Siddiqui · 25 Jul 2024
