Thursday, July 16, 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...

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...

The Battle of the Quants, AI is the Next Big Thing in Trading

Bartt Kellermann, chief executive officer and founder of Global Capital Acquisitions, discusses "the battle of the quants," quantitative based trading and employing artificial intelligence to power hedge funds. He speaks to Bloomberg's Rishaad Salamat...

AI engine 30 years in the making could take its talents to healthcare, financial...

AI engine "Cyc", a personal assistant, is headed to market with Lucid . It took more than 30 years to complete Cyc, which employs extensive hard-coded data, logic and rules.  Cyc may find itself...

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...

Customer Service AI Bot Being Tested by Royal Bank of Scotland

If you hate dealing with bank tellers or customer service representatives, then the Royal Bank of Scotland might have a solution for you. The bank is testing a text-based artificial intelligence bot named Luvo that...

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...

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...

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...

Digital Reasoning is Putting the Heart in the Machine

Sci-fi favorites like Terminator or that awful remake of the Lawnmower Man with Johnny Depp have us looking at cognitive computing as a universally bad thing. But it doesn’t have to be that way...




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