fintech_devcon 2024 | Vector databases: How they work & their importance in fintech w/ Tim Faulkes

In this workshop talk, Tim Faulkes, Chief Developer Advocate at Aerospike, offers a walkthrough of the world of Vector Databases (VectorDB) and their applications in financial services. Learn to create a simple vector database and integrate it with Retrieval-Augmented Generation (RAG) techniques, exploring practical applications in chatbots, fraud detection, and trade compliance. Gain a better understanding of VectorDB implementation, its role in the AI ecosystem, and its potential to revolutionize financial service applications through enhanced semantic search capabilities.
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About fintech_devcon
fintech_devcon is a conference for fintech developers and builders designed to unlock knowledge and bring about the next decade of financial innovation. Presented by Moov, this conference covers a wide range of topics and sectors including banking, payments, investing, compliance, and more. Follow this channel or join us each year to get hands-on tools, best practices, and industry secrets used by developers in fintech today.
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Moov is a new kind of payments company, built from scratch in the cloud to make payments easier for developers and businesses. With Moov, businesses accept, store, send, and spend money - all through one simple integration. Moov is driven by a give-first mindset and supports a thriving network of developers with open-source libraries and a growing community. Discover how Moov can transform your payment operations at moov.io.