Structural Reform Support Service

Highlights - 2021 Commission discharge: Hearing with Commissioner Ferreira - Committee on Budgetary Control

Retrieved on: 
Tuesday, November 29, 2022
KPI, Region, Financial management, DG, Hearing, Report, Structural Reform Support Service, European Parliament Committee on Budgetary Control, Court, Committee, Cohesion, ECA, European Court of Auditors, Audit

2021 Commission discharge: Hearing with Commissioner Ferreira

Key Points: 
  • 2021 Commission discharge: Hearing with Commissioner Ferreira
    29-11-2022 - 12:18
    On 1 December 2022, the Committee on Budgetary Control will hold a hearing with Elisa Ferreira, European Commissioner for Cohesion and Reforms, in the presence of ECA reporting member Helga Berger.
  • CONT Members will hear Commissioner Ferreira, particularly on the financial management and performance of the Directorates-General for Structural Reform Support (DG REFORM) and Regional and Urban Policy (DG REGIO), on the basis of the 2021 Annual Reports issued by the Court of Auditors.
  • Most of the errors concern the infringement of internal market or state aid rules, ineligible costs, or ineligible projects.
  • Also, the Court concluded, among other things, that shortcomings remain in the way audit authorities perform and document their work.

Global Artificial Intelligence (AI) in Fintech Market Report 2022-203 Featuring Microsoft, Google, IBM, Salesforce, Amerlia, Intel, Affirm Among Others

Retrieved on: 
Monday, August 22, 2022
Cloud, Machine learning, Science and technology in Asia, Technology, Solution, Awareness, Insurance, Time, Artificial intelligence, Paytm, Economic Cooperation Organization, Internal Audit Service (European Commission), USD, Blockchain, Natural language processing, DG, Facial recognition, Intelligence, Union, Natural language, Organization, KBC Bank, Voice (trade union), Component, Human, Structural Reform Support Service, CAGR, Internet, Invention, European Commission, NLP, Automation, Czech Republic, AI, Adoption, Development, Efficiency, Renewable energy, Mobile phone, Medical device, Cryptocurrency, Risk management, Financial technology

The market is expected to increase in the coming years due to advancement in technology that is boosting financial service providers' business processes.

Key Points: 
  • The market is expected to increase in the coming years due to advancement in technology that is boosting financial service providers' business processes.
  • Some of the primary drivers of the market include growing internet penetration and geographical data availability.
  • AI and machine learning have aided banks and fintech firms by allowing them to process massive volumes of client data.
  • The segment generated the highest revenue in 2021
    The North America region dominated the global market in 2021.

Global Artificial Intelligence (AI) in Fintech Markets 2022-2030: Analysis by Component (Solutions, Services), Deployment (Cloud, On-premise), & Application (Fraud Detection, Virtual Assistants) - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 18, 2022
Professional Services, Technology, Fintech, Artificial Intelligence, Software, Cloud, Machine learning, Economic Cooperation Organization, Adoption, Union, Intelligence, Natural language, Invention, Blockchain, AI, Technology, Natural language processing, Science and technology in Asia, Artificial intelligence, Organization, Internal Audit Service (European Commission), Facial recognition, Human, Structural Reform Support Service, Awareness, NLP, Automation, Czech Republic, CAGR, Voice (trade union), DG, KBC Bank, Component, Insurance, Solution, Internet, Time, Development, European Commission, Efficiency, Paytm, USD, Renewable energy, Mobile phone, Milk, Medical device, Risk management, Financial technology

The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.

Key Points: 
  • The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.
  • Artificial intelligence (AI) is widely used in financial organizations to improvise their precision levels, enhance their efficiency and instant query resolving through digital banking channels.
  • Organizations are also using it to build more robust fraud detection and prevention systems and help accelerate risk assessments and fraud detection.
  • AI and machine learning have aided banks and fintech firms by allowing them to process massive volumes of client data.

AI In Fintech Market to be Worth $41.16 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, June 8, 2022
Cloud, Internet, Human, Time, Insurance, Science and technology in Asia, Organization, Artificial intelligence, Invention, Component, Paytm, AI, USD, Economic Cooperation Organization, Awareness, Solution, Intelligence, Natural language, Czech Republic, Machine learning, Natural language processing, Development, KBC Bank, Blockchain, Technology, Internal Audit Service (European Commission), DG, Revenue, Adoption, Union, SAN, Efficiency, European Commission, Structural Reform Support Service, Facial recognition, NLP, CAGR, Voice (trade union), Automation, Medical device, Renewable energy, Bank, Financial technology

Key Insights & Findings from the report:

Key Points: 
  • Key Insights & Findings from the report:
    Some of the regions in North America have the most competitive and constantly changing AI technology in the world's fintech sector.
  • The growing adoption of managed services helps administer AI-enabled fintech applications and is expected to drive the market growth.
  • Cloud-based solutions store vital resources and provide a wide range of flexible AI solutions for the fintech business.
  • Grand View Research has segmented the global artificial intelligence in fintech market based on component, deployment, application, and region:
    Artificial Intelligence in Fintech Market - Components Outlook (Revenue, USD Million, 2017 - 2030)

AI In Fintech Market to be Worth $41.16 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, June 8, 2022
Cloud, Internet, Human, Time, Insurance, Science and technology in Asia, Organization, Artificial intelligence, Invention, Component, Paytm, AI, USD, Economic Cooperation Organization, Awareness, Solution, Intelligence, Natural language, Czech Republic, Machine learning, Natural language processing, Development, KBC Bank, Blockchain, Technology, Internal Audit Service (European Commission), DG, Revenue, Adoption, Union, SAN, Efficiency, European Commission, Structural Reform Support Service, Facial recognition, NLP, CAGR, Voice (trade union), Automation, Medical device, Renewable energy, Bank, Financial technology

Key Insights & Findings from the report:

Key Points: 
  • Key Insights & Findings from the report:
    Some of the regions in North America have the most competitive and constantly changing AI technology in the world's fintech sector.
  • The growing adoption of managed services helps administer AI-enabled fintech applications and is expected to drive the market growth.
  • Cloud-based solutions store vital resources and provide a wide range of flexible AI solutions for the fintech business.
  • Grand View Research has segmented the global artificial intelligence in fintech market based on component, deployment, application, and region:
    Artificial Intelligence in Fintech Market - Components Outlook (Revenue, USD Million, 2017 - 2030)