As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return on tech investments to the future role of human bankers in an AI-driven landscape. McKinsey: AI Promises Banking Revolution, but...
In the marketing arena, where creativity and innovation are paramount, a new contender is emerging: generative artificial intelligence (GenAI). Capable of producing content such as Pixar-style animations, this technology is now targeting the business sector with a focus on advertising. According to a recent report...
Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes. Dikshit reportedly made bets ahead of the Goldman Sachs acquisition of FinTech GreenSky for $2.2 billion. Dikshit had been accused of insider trading last month, with the charge being that he used...
Dining out without actually going anywhere has spawned the “ghost kitchen” phenomenon, which sparks the question of whether the coronavirus will produce something similar – “ghost vacations.” The travel industry, which has been hit hard by uncertainty, has embarked on deep discounting that might be...
February 23, 2026
OpenAI is collaborating with four consulting firms to help it deploy its Frontier enterprise platform. The artificial intelligence (AI) startup on Monday (Feb. 23) announced partnerships with Boston Consulting Group (BGC), McKinsey & Company, Accenture and Capgemini. These “Frontier Alliances” will help customers “define strategy, integrate systems, redesign workflows, and scale deployment globally,” working in […]
December 15, 2021
Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes. Dikshit reportedly made bets ahead of the Goldman Sachs acquisition of FinTech GreenSky for $2.2 billion. Dikshit...
October 22, 2019
McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). “We believe we’re in...
August 24, 2017
Retailer Target announced Wednesday (Aug. 23) the appointment of Minsok Pak as executive vice president, chief strategy and innovation officer. In a press release the company said that in his...