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.

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?"

Artificial Intelligence represents the next step for the financial sector to improve efficiencies without compromising results – and arming yourself with the right knowledge will be the key to its success.

Artificial Intelligence has the potential to solve many issues for the financial providers and corporates – reducing middle and back office administration

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...

The payments business may be a scale game but mid-tier banks are not necessarily out of the running yet.

Cloud based Software-as-a-Services (SaaS) is here and here to stay.

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...