Monday, March 30, 2020
Home Financial Services

Financial Services

Facial Recognition Making Its Way in Banking

By AI Trends Staff Facial recognition technology is making its way into the banking industry, used primarily for physical security and ID recognition. A handful or startups have emerged to serve the niche, the largest being Yitu Technology,...

AI at Mastercard: Here Are Current Projects and Services

Banks and financial institutions are particularly opaque when it comes to how they implement and leverage AI for their business. Mastercard is a key example of this because they use most of their AI...

Spotlight on Black Box: Who to Sue When a Robot Loses Your Fortune

Robots are getting more humanoid every day, but they still can’t be sued. So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a...

Here Are 6 Ways Conversational AI Supercharges the Bank Customer Experience

The banking and financial services industry is ripe for technological disruption. Banks are naturally experimenting with AI (artificial intelligence) to automate traditional day-to-day transactions, while insurance companies and financial advisors are chasing alpha by...

How The World’s Biggest Banks are Doubling Down on AI

When we think of companies at the forefront of technological innovation, global financial institutions don’t necessarily come to mind. Instead, massive tech giants like Amazon, Apple and Alphabet dominate the conversation around innovation and...

How AI Can Help Solve Some of Humanity’s Greatest Challenges

By Marshall Lincoln and Keyur Patel, cofounders of the Lucid Analytics Project In 2015, all 193 member countries of the United Nations ratified the 2030 “Sustainable Development Goals” (SDG): a call to action to “end poverty, protect...

Conservative Financial Industry Progressing with Machine Learning

Savvy marketers in the financial services industry are in the vanguard of early adopters using machine learning (ML) to streamline operations and optimize business outcomes. A survey of 1,419 customers, including more than 150 in...

How TD Bank Uses Big Data, AI & Machine Learning

TD Bank is Canada’s second-largest bank and the tenth-largest bank in North America. Its focus is on retail banking, and it employs over 26,000 people. The bank provides its services to around 25 million customers,...

Here Are Ways AI is Helping Financial Institutions

Artificial intelligence (AI) is disrupting diverse industries, but banking is projected to benefit the most out of incorporating AI systems in the next couple of years. Analysts estimate that AI will save the banking...

JPMorgan Has Poached a Google Exec For AI Innovation

JPMorgan Chase has hired a senior executive from Google as its new head of artificial intelligence (AI) and machine learning services. According to a memo obtained exclusively by CNBC, Apoorv Saxena, Google’s head of product management for cloud-based artificial...






Big Data