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AI

Regulation is driving AI-based innovations in banking! Even if, at first glance, regulation with its strict rules and requirements is perceived as a brake on innovation, in many cases it sets the rules that ensure legal certainty and orientation. In this blog post, I will take a closer look at the impulses from a regulatory perspective that strengthen this symbiosis.

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AI

AI is revolutionising the banking sector and opening up a wide range of opportunities to increase efficiency, better respond to customer needs and meet regulatory requirements. From intelligent chatbots to automated credit processes and real-time fraud detection, AI is changing the way banks operate and interact with their customers. This blog post provides an overview of the current possibilities for using AI in the banking sector in the front and back office, as well as in the regulatory environment.

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AI

29.10.2024 By Milena Fluck and Daniel van der Wal

Creativity: Cognition and GenAI - Part 3

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In the first two parts of this blog post, we looked at the concept of creativity and the role of humans and their creative potential in the creative process. In this part, we take a broader perspective and look at how some approaches from the field of GenAI work in connection with human cognitive processes.

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AI

The EU AI Act has come into force and brings with it far-reaching changes for the development and use of AI in Europe. Companies, public authorities and providers of AI systems must now prepare for the upcoming regulations and deadlines. Those who act now can avoid unnecessary risks and benefit from timely adaptation. In my blog post, you can find out which steps are necessary and which deadlines you need to keep in mind.

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AI

15.10.2024 By Milena Fluck and Daniel van der Wal

Creativity – Creative potential – Part 2

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In the first part of the blog post, we showed what creativity is, which stages it goes through and how it has developed. In this part, we will take a look at the role of people and their creative potential in the creative process.

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AI

10.10.2024 By Milena Fluck and Daniel van der Wal

Generative Natural Intelligence – Creativity: What is it? – Part 1

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What is creativity and is it an exclusively human ability? In view of the advances in generative AI, the question arises again: can machines be creative? Before answering this question, let's delve into the different facets of creativity. In the first part of our blog post, we show what creativity is, which stages it goes through and how it has developed throughout history.

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AI

30.09.2024 By Christian Nölke

TrustworthyAI – Insurance AI in practice

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AI has been the megatrend of recent years. No company, no trade fair, no provider can do without this magic word. And yet, when it comes to insurance companies, I see a clear reluctance to use these methods in practice. In my blog post, I show how TrustworthyAI makes the use of artificial intelligence in the insurance industry safe and efficient.

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AI

Companies and authorities are often faced with the challenge of finding relevant information in huge amounts of data. Although Retrieval Augmented Generation (RAG) is still a relatively new technology for targeted retrieval of local domain knowledge, the technology often fails to aggregate complex distributed information. This is where GraphRAG comes into play. We present it in detail in this blog post.

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AI

A lot has happened since the breakthrough for Large Language Models (LLMs) with ChatGPT. What has remained is our desire to supplement these language models with further knowledge. There is no longer a one-size-fits-all solution, but there are numerous possibilities. This blog post provides an overview of the various options for optimising LLMs.

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