Partner Webinar Feb 7: AI’s Impact On SME Finance

Webinar | Feb 1 2024

As a partner of the SME Finance Forum, NCFA Canada invites its members to the insightful webinar "AI in SME Finance: Opportunities and Threats"

Artificial intelligence has been at the top of the strategic agenda for bank leaders for several years because it is reshaping the way we analyze data, integrate information, and make decisions.  According to Business Insider Intelligence, it's expected that banks will save $447 billion by the end of 2023 by implementing AI applications.  AI has the potential to bring significant advancements and transform business functions.

WEBINAR

AI in SME Finance - Opportunities & Threats

February 7, 2024

8:00 - 9:30 AM EST

REGISTER --> HERE

Opportunities

• Personalize services and products
• Manage risk assessment and fraud
• Enable transparency and compliance
• Automate operations, scale and reduce costs

See:  SEC Examines AI Impact on Investment Advising

Challenges

• Embedding of bias into algorithms used for credit decisions
• Sharing of inaccurate information by chatbots
• Data privacy and security
• Regulatory compliance
• Job displacement

The webinar features notable speakers including Sopnendu Mohanty (Monetary Authority of Singapore), Hans Koning (IFC), and leaders from JUMO, ANEXT Bank, Strands, Mercado Libre, and Akbank. Hosted by Qamar Saleem of the SME Finance Forum, this panel brings together a diverse range of expertise, offering insights into AI's application in finance and addressing its challenges and opportunities.

Register for this Webinar --> Here

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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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• Source: https://ncfacanada.org/partner-webinar-feb-7-ais-impact-on-sme-finance/