« All Podcasts

NVIDIA Executive Reveals How AI is Reshaping Financial Services

NVIDIA’s Malcolm deMayo talks why 75% of institutions consider their AI capabilities industry-leading or competitive and discuss the finding that 97% plan to increase their AI infrastructure spending this year.

Published on October 2024 in Artificial Intelligence

FEATURING: Malcolm deMayo, Global Vice President of the Financial Services Industry at NVIDIA

Against a landscape where 91% of financial institutions are either assessing or deploying AI in production, Malcolm deMayo, global vice president of the financial services industry at NVIDIA, joins us on the Banking Transformed podcast.

This episode provides an in-depth look at the rapidly evolving AI landscape in financial services, backed by NVIDIA’s latest industry survey of global financial services professionals. We explore why 75% of institutions consider their AI capabilities industry-leading or competitive and discuss the finding that 97% plan to increase their AI infrastructure spending this year.

Malcolm deMayo also shares insights on how institutions tackle key challenges, including data privacy and talent acquisition, while implementing AI across critical areas such as risk management, operations improvement, and customer experiences.

Prefer to read the conversation? Check out the edited Q&A here.

The Financial Brand is your premier destination for comprehensive insights in the financial services sector. With our in-depth articles, webinars, reports and research, we keep banking executives up-to-date with the latest trends, growth strategies, and technological advancements that are transforming the industry today.

© 2025 The Financial Brand. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of The Financial Brand.