Monday, August 3, 2020

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...

High Quality Data Key to Eliminating Bias in AI

Biases are an incurable symptom of the human decision-making process. We make assumptions, judgements and decisions on imperfect information as our brains are wired to take the path of least resistance and draw quick...

VentureBeat event: A.I. innovation finding a home on mobile devices

Innovative mobile apps married to increasingly powerful artificial intelligence (A.I.) are rapidly getting smarter -- making them even more helpful for users. These kinds of apps, showcased at VentureBeat's recent two-day MobileBeat conference, are designed...

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...

Wall Street hopes AI software helps it hire loyal bankers

Clinching a job on Wall Street soon may have as much to do with beating an algorithm as nailing the interview. Goldman Sachs Group Inc, Morgan Stanley, Citigroup Inc and UBS Group AG are exploring...

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...

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...
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Machine learning for financial advice call center

Kate Besser and Scott Fullman, managers in D&A Consulting in Chicago, talk about how they're working with a call center for a Financial Advisory client to learn from their sales conversations and are simultaneously...

How Big Data Analytics, AI and Machine Learning is Being Leveraged Across FinTech

I am sure that you have heard of one of the only profitable FinTech unicorns in the world: Klarna. A customer making an online purchase enters only their email address and zip code on...

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,...




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