
Fintech Insights & Conversations with Efi Pylarinou
Fintech Insights & Conversations with Efi Pylarinou
AI Reshaping Finance: A look at Stripe and BNY Mellon
The article analyzes how Stripe and BNY Mellon are using AI to revolutionize the financial industry. Stripe aims to become an "Economic Operating System" using LLMs for analytics and fraud detection, while BNY Mellon utilizes an AI supercomputer and its Eliza platform to enhance data analysis and decision-making. These institutions are developing domain-specific AI models and empowering non-technical users, suggesting a shift from basic efficiency gains to transformative financial experiences.
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Based on Efi Pylarinou`s article https://medium.com/@efipm/ai-in-finance-how-stripe-and-bny-mellon-are-reshaping-the-industry-takeaways-from-money20-20-a196a0218a25