Saturday, August 8, 2020

IBM uncovers rapid rise of Watson in everyday banking

IBM has spent the last 6 to 8 months trying to help the global banking community to move to the next stage in banking, which it calls the Cognitive Bank, using AI to improve...

MasterCard Uses AI Machine-Learning Network to Thwart ATM Attacks

MasterCard Inc. says new machine-learning technology has helped it quickly control three separate cyberattacks that targeted automated bank tellers, limiting the damage to about $100,000 each. The transaction-monitoring system, which also employs data visualization tools, caught...

The Maturation of Blockchain is Attracting Banks

Blockchain has been a growing buzzword among tech circles in recent years. The technology has evolved from simply being the infrastructure for bitcoin into a full-fledged ecosystem that has shown tremendous potential. Until recently,...

CTO Corner: Artificial Intelligence Use in Financial Services

AI Trends editor note: Published last April, this CTO Corner does a nice job of explorin both the potential for AI to transform the financial services industry and challenges it presents.  Other financial services...

Law says the Financial World Needs to Open AI’s Black Boxes

Powerful machine-learning methods have taken the tech world by storm in recent years, vastly improving voice and image recognition, machine translation, and many other things. Now these techniques are poised to upend countless other industries,...

Deep Learning Catches On in New Industries, from Fashion to Finance

The machine-learning technique known as deep learning, which has shown impressive results in voice and image recognition, is finding new applications. A machine-learning technique that has already given computers an eerie ability to recognize speech...

3 Artificial Intelligence Applications from Sentient

Unfortunately for retail investors, you can’t invest in artificial intelligence yet. There just aren’t any publicly traded companies so we’ll have to wait for an IPO or an acquisition to happen. With over 900 “artificial...

Experts say Blockchain will transform fintech

The application of blockchain technology in the financial services realm is shaping up to transform the sector. Faster and securer transactions are among the expected advantages, while increased automation is likely to impact the need...

AI in Banking – An Analysis of America’s 7 Top Banks

While tech giants tend to hog the limelight on the cutting-edge of technology, AI in banking and other financial sectors is showing signs of interest and adoption – even among the stodgy banking incumbents. Discussions...

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...




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