The financial services industry is undergoing a significant transformation driven by the increasing adoption of Artificial Intelligence (AI). AI in finance, also known as AI in the finance industry, encompasses various technologies fundamentally changing how financial institutions operate and interact with their customers. From automating complex tasks to uncovering hidden patterns in vast datasets, AI in finance is poised to revolutionize how we manage money, invest, and access financial services.
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“With spending on IT services on track to grow by 9.7% to eclipse $1.52 trillion, this category is on pace to become the largest market that Gartner tracks,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “Enterprises are quickly falling behind IT service firms in terms of attracting talent with key IT skill sets. This creates a greater need for investment in consulting spend compared to internal staff. We are at an inflection year for this trend, with more money being spent on consulting than internal staff for the first time.”
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Shift4, the leader in integrated payments technology, has launched SkyTab Website Builder, an AI-powered tool for restaurants to quickly and easily create a website for their business. This solution is available for free to all businesses using Shift4’s SkyTab POS system.
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The FlowX.AI platform fundamentally changes how large banks build mission-critical products and modernize applications systems and infrastructure
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