Focus and activities
Financial Technology (FinTech) and Insurance Technology (InsurTech) are rapidly transforming the financial and insurance services industry due to digital transformation. In the finance industry, the digital transformation is not acting on a product, rather on services and the processes used in the “manufacturing” of these services. AI has disruptive role as it is the one analyzing data, evaluating risk and perspectives, and enabling more intelligent and automated processes, along with personalized services that are tailored to customers’ needs.
The creation of the Task Force Finance within the BDVA environment could bring added value to the community as know-how and relevant partnerships in the Financial Sector. On the other hand, the technologies used in Fintech and InsurTech may find valuable insights from BDVA as well as gaining relevant information on how to manage datasets reliably and accordingly to regulations and requirements.
- Whitepaper on Big Data and AI for the Financial Sector (BDVA, 2022)
- Big Data and Artificial Intelligence in Digital Finance (Springer, 2022)