From voice assistants to self-driving cars, machine learning is revamping not only the way we interact with machines but also how we interact with the world. predictive analytics, and artificial intelligence has become a norm in IT, and machine learning is leading the way Continue reading “Machine Learning and AI in Real Life”
Almost every company in the financial technology sector has already started using AI to save time, reduce costs, and add value. storing and accessing financial information combined with the maturation of tech capabilities are all in place to accelerate the digital transformation of accounting and finance. Actually, when machines take over repetitive, time-consuming and redundant tasks, it will free human finance professionals to do higher level and more lucrative analysis.
Fraud has long been a major issue for financial services institutions. And as global transactions have increased, the danger has too. Fortunately, artificial intelligence has enormous potential to reduce financial fraud. As automated fraud detection tools get smarter and machine learning becomes more powerful, the outlook should improve exponentially. Continue reading “Artificial Intelligence And The Future Of Financial Fraud Detection”
as prediction gets cheaper and better, machines are going to be doing more of it. That means businesses — and individual workers — need to figure out how to take advantage of the technology to stay competitive. This can affect the way you bank, invest, receive loans and prevent financial crimes.
AI has already proven its capabilities in retail, healthcare, and trading, and therefore, looks like a safe bet. Today, machine learning has come to play an integral role in many phases of the financial ecosystem, from approving loans to managing assets, to assessing risks.