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AI is about to disrupt how you bank

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Manage episode 497235301 series 2948292
Content provided by [email protected] and Money Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Money Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of the Friends With Money Podcast, Vanessa Walker, managing editor of Money, interviews Paolo Sironi, a global research leader in banking and finance from the IBM Institute for Business Value, about the transformative impact of AI on the banking sector, its innovations, and the emerging trends of digitalisation, personalisation, communication, and platformisation.

They also delve into the risks associated with AI, such as data breaches, and the importance of AI literacy and talent in the banking industry.

Sironi provides insights on how Australian banks can stay competitive, especially by focusing on the small and medium-sized enterprises (SME) market, and the need to adapt risk management practices to leverage AI effectively.

00:45 The evolution of banking with AI

04:08 AI and customer security risks

07:32 The rise of agentic AI in banking

10:12 Australian Banks: staying competitive with AI

15:27 Managing risk with AI

18:45 Future innovations and opportunities

#friendswithmoney #vanessawalker #paolosironi #aibanking

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: [email protected]

Get stories like this in our newsletter: bit.ly/3GDirbR

See omnystudio.com/listener for privacy information.

  continue reading

244 episodes

Artwork
iconShare
 
Manage episode 497235301 series 2948292
Content provided by [email protected] and Money Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Money Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of the Friends With Money Podcast, Vanessa Walker, managing editor of Money, interviews Paolo Sironi, a global research leader in banking and finance from the IBM Institute for Business Value, about the transformative impact of AI on the banking sector, its innovations, and the emerging trends of digitalisation, personalisation, communication, and platformisation.

They also delve into the risks associated with AI, such as data breaches, and the importance of AI literacy and talent in the banking industry.

Sironi provides insights on how Australian banks can stay competitive, especially by focusing on the small and medium-sized enterprises (SME) market, and the need to adapt risk management practices to leverage AI effectively.

00:45 The evolution of banking with AI

04:08 AI and customer security risks

07:32 The rise of agentic AI in banking

10:12 Australian Banks: staying competitive with AI

15:27 Managing risk with AI

18:45 Future innovations and opportunities

#friendswithmoney #vanessawalker #paolosironi #aibanking

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: [email protected]

Get stories like this in our newsletter: bit.ly/3GDirbR

See omnystudio.com/listener for privacy information.

  continue reading

244 episodes

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