Monday, June 1, 2020

Feedzai Stops Financial Fraud With Machine Learning

Fraud has proven to be good for Feedzai, a specialist in protecting merchants and financial firms. The company’s growth has been running at 300 percent year on year (YOY) and it says it now...

Robot Advisers Driving A Banking Revolution

Silicon Valley is coming for Wall Street. Startups in financial technology—or fintech—are disrupting the industry by solving some of banking’s biggest headaches, particularly in local banking and consumer finance. EY’s first FinTech Adoption Index report—based on...

Tracking market patterns with yesterday’s headlines

New research uses an historic approach to predict times of stock market volatility and the resulting returns: back issues of The Wall Street Journal. Researchers relied on machine learning, big-data techniques to construct a...

Companies Are Reimagining Business Processes with Algorithms

In the early 1990s, executives and managers welcomed information technology — databases, PC workstations, and automated systems — into their offices. They saw the potential for significant business gains. Computers wouldn’t just speed up...

Startup’s security platform uses AI to to learn from human decision making

Startup PatternEx with roots in MIT’s artificial intelligence lab is launching a security platform it says employs artificial intelligence by learning from input it gets from human security analysts about data exfiltration and bank...

Financial Services Warms Up to AI

Long the stuff of futuristic sci-fi movies, artificial intelligence has been conceptually interesting to Wall Street for some time, but not in a way that gets anything more than token budget. That’s starting to change....

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...

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...

Robots and AI Invade Banking

No longer just the objects of fascination in science fiction, robots are beginning their invasion of banking. Robots and artificial intelligence in banking have the potential to reduce costs, expand skills, and improve the...

The Rise of the Artificially Intelligent Hedge Fund

Last week, Ben Goertzel and his company, Aidyia, turned on a hedge fund that makes all stock trades using artificial intelligence—no human intervention required. “If we all die,” says Goertzel, a longtime AI guru and the...




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