Massive datasets. Perpetual market fluctuations. Customer inquiries. Intelligent technology can address critical challenges within the modern financial services industry. With NVIDIA’s AI solutions—for generative AI, large language models (LLMs), data analytics, and more—institutions can optimize trading, detect transaction fraud, and enhance customer experiences.
Dive into the data compiled from a survey of over 400 financial services professionals from around the world. Discover the trends, challenges, and opportunities that will define the state of AI in financial services in 2024.
Improve your team’s fraud detection and risk assessment workloads with NVIDIA RAPIDS™ Accelerated Apache Spark.
Harness accelerated computing for trading.
Faster processing results in smarter trading strategies, more successful trade execution, and increased revenue so firms can remain competitive.
Intelligent document processing with generative AI lets financial institutions gather insights from unstructured data, enabling faster decision-making and reducing the risk of financial losses.
With the NVIDIA AI platform, firms can learn from vast amounts of data and respond quickly to market fluctuations.
Enhance customer service with generative AI.
As the global service economy grows, banks are relying increasingly on contact centers to drive better customer experiences and operational efficiency.
Banks can enhance customer interactions with generative AI-powered chatbots, including digital humans powered by NVIDIA ACE. Using retrieval-augmented generation (RAG), these chatbots can deliver more accurate, personalized, and sophisticated responses than traditional chatbot solutions.
Prevent fraud with end-to-end data science.
Financial institutions need to detect and prevent fraudulent activities, including identity theft, account takeover, and money laundering. AI-enabled applications can reduce false positives in transaction fraud detection, enhance identity verification accuracy for know-your-customer (KYC) requirements, and boost the effectiveness of anti-money laundering (AML) efforts.
The NVIDIA RAPIDS Accelerator for Apache Spark accelerates processing time up to 5X or more and allows the same work to be completed with 4X less infrastructure cost.