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AI in Fintech Helping Detect Fraud, Assess Risk

By AI Trends Staff AI is being applied in the banking and the financial industry to meet demands of customers in creative ways, with many...

Facial Recognition Making Its Way in Banking

By AI Trends Staff Facial recognition technology is making its way into the banking industry, used primarily for physical security and ID recognition. A handful or...

How AI Can Help Solve Some of Humanity’s Greatest Challenges

By Marshall Lincoln and Keyur Patel, cofounders of the Lucid Analytics Project In 2015, all 193 member countries of the United Nations ratified the 2030 “Sustainable Development...

Eying Savings, State Street Wants To Use AI On “Almost Everything”

Banks and other financial institutions (FIs) around the financial services ecosystem are increasingly investing in artificial intelligence (AI) and machine learning (ML) technologies. Roughly 80 percent of banks...

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...

Data Trends: IT Coralling Data Science; Big Data May Not be...

We’ve recently seen data science shift markedly from a peripheral capability to a core function, with larger teams tackling increasingly complex analytics problems. We’ve...

How Artificial Intelligence Will Revolutionize Banking

Artificial Intelligence gets a bad rap in pop culture. Movies like Terminator (with its rebellious Skynet) and 2001 (with its murderous HAL 9000) portray...

VivaTech 2017: Startups to Showcase AI Solutions Built with IBM Watson

IBM is introducing several innovative partner startups at VivaTech 2017, the international tech event dedicated to developing collaboration between startups and global businesses, taking...

Juniper Research: Chatbots can save $8B/year for banking, healthcare

A new study from Juniper Research has found that chatbots will redefine the customer service industry, with healthcare and banking sectors set to benefit...

UiPath raises $30M to build ‘software robots’ for internal business tasks

The world is awash with bots these days — applications the run either partly or entirely using natural language processing, machine learning, computer vision...