The word innovation is everywhere. But what does it really mean?
For many organizations right now, innovation is often synonymous with AI.
Artificial intelligence has long been part of the TD story. In 2018, the Bank acquired Layer 6, a leading AI and machine learning startup that has grown into the Bank’s AI centre of excellence.
And the TD AI journey continues. Last year, the Bank launched TD AI Prism, its breakthrough predictive foundation model, earned recognition from DataIQ as having the Best Responsible AI Program or Initiative of any company in North America, and rolled out generative AI virtual assistants to multiple lines of business. But how does the Bank compare globally when it comes to AI innovation?
Enter the Evident AI Index, which ranks 50 of the world's largest banks on AI maturity, or enterprise-wide AI adoption, and sets the standard for AI benchmarking in the financial services industry.
In the latest episode of The Banking on AI Podcast, host Grant McDonald speaks with Alexandra Mousavizadeh, Co-founder and Co-CEO of Evident.
Mousavizadeh shares insights from her unique perspective and speaks about what the Index reveals, where the industry might be headed next, and how banks are positioned to lead in responsible AI innovation.
Listen to The Banking on AI Podcast on Spotify or Apple Podcasts.
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