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Generative AI for Banking

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Book Details
Language
English
Publishers
Independently published (11 April 2024)
Weight
0.31 KG
Publication Date
11/04/2024
Pages
225 pages
ISBN-13
9798322593409
Dimensions
15.24 x 1.3 x 22.86 cm
Reading Age
10 - 18 years
SKU
9798322593409
Author Name
Rakesh Kumar (Author)
With a distinguished career spanning over 22+ years, Rakesh Kumar is an accomplished senior leader renowned for leading global projects across diverse sectors. Their expertise encompasses banking, aerospace, rail, and automotive industries, demonstrating a proven track record in steering multi-million dollar projects from conception to successful completion. Certified as a Project Management Professional (PMP) and Scrum Fundamentals, Rakesh excels in project management processes, including initiation, planning, execution, control, and closure.Armed with a Master's in Engineering from Motilal Nehru National Institute of Technology (MNNIT) and a Bachelor's in Engineering from the National Institute of Technology, Tiruchirappalli, Rakesh has consistently delivered exceptional results. As a leader, they drive teams of 100+ members, fostering operational excellence aligned with business and technology strategies. Based on interaction and lack of depth of understanding of topic during critical project requiements now Rakesh aims to contribute to developing lots of practice materials on the latest technology.Read more about this authorRead less about this author
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In the ever-evolving landscape of banking and finance, the integration of cutting-edge technologies has become imperative for institutions seeking to remain competitive and meet the evolving needs of their customers. Among these technologies, Generative Artificial Intelligence (Generative AI) stands out as a transformative force, offering unprecedented capabilities to revolutionize various facets of banking operations, customer experiences, and risk management.

This book, "Generative AI for Banking," serves as a comprehensive guide to understanding and harnessing the power of Generative AI in the banking sector. From personalized customer experiences to fraud detection and regulatory compliance, Generative AI presents a multitude of opportunities for banks to enhance efficiency, mitigate risks, and drive innovation.

Through a combination of theoretical insights, practical case studies, and hands-on tutorials, this book aims to equip banking professionals, data scientists, and AI enthusiasts with the knowledge and tools necessary to leverage Generative AI effectively. Readers will explore the fundamentals of Generative AI, including variational autoencoders (VAEs), generative adversarial networks (GANs), and other advanced techniques, and discover how these technologies can be applied to address real-world challenges in banking.

Furthermore, this book delves into the ethical and regulatory considerations inherent in the adoption of Generative AI in banking, emphasizing the importance of responsible AI governance and transparent decision-making. By navigating the complexities of data privacy, algorithmic bias, and regulatory compliance, banks can ensure that their Generative AI initiatives align with industry standards and societal expectations.

Whether you are a banking professional seeking to unlock new opportunities for customer engagement, a data scientist exploring the frontier of AI innovation, or a regulator shaping the future of financial services, "Generative AI for Banking" offers invaluable insights and practical guidance for navigating the intersection of artificial intelligence and finance. Join us on a journey to discover the transformative potential of Generative AI in banking and embark on a path towards building smarter, more inclusive, and ethically-driven financial ecosystems for the future.

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