HomeFinTechGoldman Sachs Takes a Measured Approach to AI Rollout

Goldman Sachs Takes a Measured Approach to AI Rollout

Date:

Related stories

Visa Pilot Trials Stablecoin Payouts to Enhance Payment Solutions

Exploring stablecoin integration in modern financial transactions. Highlights: Visa initiates...

Smart Data Group Unveils Future Blueprint for Open Banking

A roadmap for navigating the evolving open banking landscape. Highlights:...

BNP Paribas Leverages AI for Accelerated ESG Assessments

Harnessing technology to enhance sustainability evaluations in finance. Highlights: BNP...

Revolut Introduces Fee-Free Fiat to Stablecoin Conversions

Revolut aims to simplify currency exchanges with new stablecoin...

IOSCO Warns of Risks Associated with Tokenization in Financial Markets

A critical look at tokenization risks highlighted by IOSCO...

Balancing Innovation with Caution in Financial Technology

Highlights:

  • Goldman Sachs is implementing AI technologies in a careful, phased manner.
  • The firm is prioritizing security and compliance as it integrates AI into its services.
  • Goldman seeks to balance operational efficiency with the potential risks of AI.

Goldman Sachs is adopting a cautious strategy in its rollout of AI technologies, focusing on security and regulatory compliance while aiming to enhance operational efficiency. By gradually implementing these innovations, the firm is positioning itself to leverage AI’s potential in financial services while mitigating associated risks. This balanced approach reflects the complexities of integrating advanced technologies in a highly regulated industry.

Megan Clarke
Megan Clarke is a financial reporter and commentator with a focus on fintech startups, open banking, and the transformation of the UK’s financial services industry.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories