Banking Reinvented podcast

Chris Shayan
Aug 12, 2024

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Last week, I joined Tim Rutten to record a new episode of the ‘Banking Reinvented’ podcast. We talked about the transformative power of AI in the banking industry. A major concern we hear about is, “Should we use AI in banking or not?”

If we look at a big bank like J.P. Morgan, they are heavily deploying and continuously introducing new AI use cases, including Large Language Models or LLMs, within their organization. While the concerns and worries about AI in banking are real, J.P. Morgan shows there are ways to govern it.

There is a perception that it’s not safe to use AI in banking with all the sensitive information, but you can architect it in a very safe way to adopt AI at scale.

What are your thoughts on AI in banking? The new episode is live now.

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Chris Shayan
Chris Shayan

Written by Chris Shayan

Head of AI at Backbase The postings on this site are my own and do not necessarily represent the postings, strategies or opinions of my employer.

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