Guest Lecture for Fundamentals of Data Science: Transforming Banking and Financial Services

On December 13, 2024, Binus University International hosted a thought-provoking guest lecture titled “AI in Action: Transforming Banking and Financial Services.” The event took place at the Binus FX Auditorium, providing a dynamic platform for students, faculty, and industry professionals to delve into the evolving role of artificial intelligence (AI) in the financial sector.

The keynote speaker for the event was Dr. Idha Kristiana, Associate Vice President (AVP) of Data Science at OCBC Indonesia. With her extensive expertise in AI and data science, Dr. Idha shed light on how cutting-edge technologies are reshaping banking and financial services in Indonesia and beyond.

Dr. Idha Kristiana’s lecture explored how AI-driven solutions are enabling financial institutions to:

  • Enhance Customer Experiences: Using AI to provide personalized banking services and predictive insights.
  • Boost Operational Efficiency: Automating routine processes such as fraud detection and loan approvals.
  • Mitigate Risks: Leveraging data-driven algorithms to detect irregular patterns and improve credit scoring.
  • Drive Innovation: Adopting AI to create new products and services tailored to modern consumer needs.

The discussion also emphasized ethical considerations, data privacy challenges, and the importance of balancing human oversight with machine intelligence. Dr. Idha encouraged the audience to view AI not as a replacement for human expertise but as a powerful tool to augment decision-making and efficiency in the financial industry.

This lecture was part of the Fundamentals of Data Science course at Binus University International, aligning with the university’s commitment to preparing students for careers in high-demand, technology-driven industries. By connecting students with industry leaders like Dr. Idha, the program bridges the gap between academic learning and real-world application.

The session concluded with a lively Q&A segment, where attendees had the opportunity to gain deeper insights into the practical applications of AI in banking and learn about career opportunities in this transformative field.

As AI continues to evolve, its impact on financial services will undoubtedly grow. Events like this serve as a reminder of the critical role education and industry collaboration play in preparing the workforce of tomorrow.

Binus University International expressed its gratitude to Dr. Idha Kristiana for her inspiring lecture and looks forward to hosting more events that equip students with the skills and knowledge to thrive in the digital age.