Sunday, June 20, 2021

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...

KPMG Announces Agreement With IBM Watson To Help Deliver Cognitive-Powered Insights

KPMG LLP and IBM (NYSE: IBM) today announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional services offerings. The agreement, including a focus on auditing services, builds on several recent successful KPMG initiatives demonstrating the...

A New Chatbot to Help With Your Bank Account

check out AI World's Bot Workshop on Nov 7 I just asked a bot to tell me how much I spent on coffee this past month. And a few moments later, it replied. “Let’s see,” it...

H2O.ai CEO Says AI Algorithms Will Drive Big Data Revenue Financial Disclosures

Data will be a key factor that sets businesses apart competitively in the coming years, and success will depend increasingly on artificial intelligence and machine learning. So believes SriSatish Ambati, cofounder and CEO of machine-learning...

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...

Goldman Sachs investing in artificial intelligence

Wall Street banks are investing in artificial intelligence and machine learning. Goldman Sachs is going big on big data. Don Duet, cohead of the bank's technology division, said the firm was investing deeply in artificial intelligence...

Automating Legal Advice: AI and Expert Systems

In 2015, we regularly read about automating legal advice with artificial intelligence (AI), especially with IBM Watson. In my view, the AI smoke — at least as described in many reports — exceeds the fire. In fact, I...

ComplyAdvantage raises $8.2M to help companies manage compliance

Back in the days when I did a startup I almost de-railed our VC funding after discovering my passport had expired. Without it I couldn’t pass the anti-money laundering checks imposed on the fancy...

Financial Institutions Bullish on Intelligent Chatbots

Research reveals that most banking providers will be using automated chatbots to handle a significant volume of customer conversations in the near future. Some are doing it already. Powered by chatbots, conversational commerce (Voice-First...

AI Trends Interviews Balazs Klemm of Almax Analytics

Yesterday, AI Trends covered the seed round funding of Almax Analytics. Earlier today, we caught up with their CEO, Balazs Klemm. AI Trends: Congratulations on your seed funding.  Can you tell us how much you have raised?  Balazs: We...




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