Monday, August 10, 2020
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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 with more than $150 million in assets have evaluated the use of...

Fintech: Sector Can Benefit From Up To $512 Billion via Intelligent Automation

A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues through intelligent automation. The report, Growth in the Machine, demonstrates the advantages...

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...

Use of AI and Machine Learning on the Uptick in Finance

Financial services organizations realize they have the potential to apply advanced analytics for both internal and external benefits since they have large data sets and experience with analytical tools. From payment services to everyday...

AI Trends Weekly Brief: AI in Fintech

AI Pushing Financial Sector to Innovate, While Fintech Startups Offer New Banking Models Fintech, or Financial Technologies, represents many technologies that have disrupted traditional financial services. Fintech is advancing mobile payments, money transfers, loans, fundraising and...

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,...

Ray Dalio: AI Future Will Rely on Human Understanding

It takes money to make money and right now a lot of that money is going into the development of artificial intelligence. From hedge funds to venture capital firms, everyone in finance has some idea...

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,...

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...






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