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The latest news, views and insights from Pelican

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Edging ever closer to the abyss: why AI will reverse this trend

By Parth Desai
Parth Desai, CEO and Founder of Pelican, discusses why AI is already a fact and not fantasy. He highlights why financial institutions and corporates need to get on board now—or risk getting left behind.

Don’t be that company

By Bill North
Violating sanctions can be deadly for a business. Compliance is the answer, but how can corporates—traditionally less regulated than their banking counterparts—ensure this?

Addressing AML concerns

By Bill North
Embracing technologies such as artificial intelligence can simplify the behind the scenes work in areas such as AML and KYC, automating vast portions of the process and helping to form part of a broader strategy of compliance.

What AI is and how it works in the financial services industry—Part 3

By Parth Desai
Parth Desai, Founder and CEO and AI guru discusses the results of the recent Finextra survey on the appetite and adoption of AI in Financial Services and asks, "What are the odds of AI based solutions becoming the imperative—not a nice to have?"

What AI is and how it works in the financial services industry—Part 2

By Parth Desai
While there are potentially endless opportunities for the technology in financial services, there is currently a gap in understanding how Artificial Intelligence (AI) works.

What AI is and how it works in the financial services industry—Part 1

By Parth Desai
Artificial Intelligence has the potential to solve many issues for the financial providers and corporates—reducing middle and back office administration

Mid-tier banks don’t have to lose out on the game

By Parth Desai
The payments business may be a scale game but mid-tier banks are not necessarily out of the running yet. Tier two and three banks can invest in a specialised payments processing gateway in order to keep pace with the larger players out there.

We still need to talk about AI—Why AI does work

By Parth Desai
True human intelligence is difficult to replicate. Making computers behave like humans isn’t possible in a generic sense—but in a specific domain it can and has been achieved; with real applications used in finance and compliance for some time now.

How banks can make exceptions processing profitable

By Parth Desai
Areas such as exceptions processing can make the payments business appear to be more of a cost centre than a profit centre, but this does not have to be the case.

10 stats about AI that will blow you away

By Sarah Broughton
Microsoft co-founder Bill Gates recently called artificial intelligence "the holy grail that anyone in computer science has been thinking about."