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AI in Fintech Helping Detect Fraud, Assess Risk

By AI Trends Staff AI is being applied in the banking and the financial industry to meet demands of customers in creative ways, with many startups participating with new technologies and ideas. Here is a...

Barclays Innovating in use of AI in Banking

By AI Trends Staff Barclays Bank is emerging as an innovator in the use of AI in financial services. The UK bank, ranked 20th on the S&P Global’s list of the top 100 banks, works...

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...

AI Applied to Tax Systems Can Help Discover Shelters, Support Equality 

By AI Trends Staff    AI and machine learning represent the new frontier in tax administration.  Since researchers at MIT created an algorithm that could flag a certain type of tax shelter in 2015, the concept of using AI...

AI Spawning New Products in Investment Business

By AI Trends Staff AI is helping to launch new products in the investment business, from new data services to new theories of investing. For example, Liquidnet recently announced plans to launch a data service for...

Financial AI Is the Missing Key to Ending Human Trafficking

By Caleb Danziger Technology has opened up a world of possibility, for good and for bad. Some enable criminals to operate on a level previously unseen, but the solution to stopping them often also lies...

Financial Firms Turning to AI to Fight Fraud in 2021  

By AI Trends Staff   The use of AI to fight financial fraud—internally and externally—is a hot topic.  “AI is the future of fraud management, irrespective of the system you are using,” stated Svetlana Belyalova, head of operational...

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...

How Quantum Computing is Being Piloted for Practical Applications

By AI Trends Staff Quantum computing for general-use machines is believed to be a long way off, but savvy tech people in financial services are preparing now.

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,...




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