How AI is Transforming Financial Institutions

Banking on Growth

Join us in this episode of "Banking on Growth" with Mike Graham, President of Midwestern Securities. Today, Mike sits down with Scott Stevens, Chief Information Security Officer at Integrity Technology Solutions, to discuss Artificial Intelligence (AI) and its impact on the financial sector.
Scott shares his extensive experience in the IT industry, spanning nearly 40 years, and provides a comprehensive overview of AI, its applications, and its implications for financial institutions. From the basics of AI to its advanced applications in security, customer service, and data management, Scott offers valuable insights into how AI is reshaping the financial landscape.
Whether you're tech-savvy or just starting to explore AI, this episode is packed with practical information and expert advice. Learn about the benefits and risks of AI, the importance of data accuracy and security, and the steps financial institutions should take to leverage AI responsibly.
Don't miss this engaging discussion on the future of AI in banking and how it can be a powerful tool for growth and innovation.
Topics Covered:
• Introduction to AI and its significance
• AI applications in email spam filters and antivirus products
• Financial institutions adopting AI for various tasks
• Security concerns and risks associated with AI
• The role of AI in data management and decision-making
• Regulatory perspectives on AI usage in financial institutions
Additional Resources:
Integrity Technology Solutions
Midwestern Securities
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Midwestern Securities is a reputable independent broker/dealer and Registered Investment Advisory firm owned and operated by community bankers and financial professionals. With a strong track record of delivering personalized attention and financial advisor coaching that helps community financial institutions take their investment services divisions to the next level, Midwestern Securities has established itself as a trusted partner in the industry.
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