Tuesday, June 27, 2023
12:00 PM - 1:00 PM
Add to Calendar: Add to Calendar 2023-06-27 12:00:00 2023-06-27 13:00:00 xLab Roundtable: Using AI and Technology to Promote Financial Inclusion In recent years, financial institutions have looked to “inclusion” as a potential growth area––and have frequently been turning to artificial intelligence (AI) to get there. However, AI is not a magical cure-all. Companies often fail to recognize that AI models cannot understand or anticipate consumer values and changing behaviors, especially younger generations of consumers, such as Gen Z. The algorithms and models have not yet been designed to leverage consumer innovation. Join xLab on Tuesday, June 27 at noon ET, as a panel of experts from both large and startup financial institutions discuss the benefits and challenges to AI adoption in the financial industry, and how this adoption can make financial technology more inclusive for consumers. Organizations from across industries will learn strategies and ideas for adopting AI models in their own companies. Our panel consists of speakers from Wizest, Thomson Reuters, and the Mortgage Bankers Association, and will moderated by Mark Dangelo, innovation scientist and associate director of client engagement for xLab. Online Weatherhead School of Management Weatherhead School of Management America/New_York public
Event Details
In recent years, financial institutions have looked to “inclusion” as a potential growth area––and have frequently been turning to artificial intelligence (AI) to get there. However, AI is not a magical cure-all. Companies often fail to recognize that AI models cannot understand or anticipate consumer values and changing behaviors, especially younger generations of consumers, such as Gen Z. The algorithms and models have not yet been designed to leverage consumer innovation.
Join xLab on Tuesday, June 27 at noon ET, as a panel of experts from both large and startup financial institutions discuss the benefits and challenges to AI adoption in the financial industry, and how this adoption can make financial technology more inclusive for consumers. Organizations from across industries will learn strategies and ideas for adopting AI models in their own companies.
Our panel consists of speakers from Wizest, Thomson Reuters, and the Mortgage Bankers Association, and will moderated by Mark Dangelo, innovation scientist and associate director of client engagement for xLab.