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How Artificial Intelligence (AI) Is Changing Banking

Smart Data Collective

There are tons of applications for artificial intelligence available, especially when it comes to banking. The banking industry has been able to utilize a variety of AI technology to streamline processes, enhance security, and improve the customer experience. AI may also be reshaping how banking is done in the not so distant future. “In

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Here’s How Blockchain Can Change Bancassurance

Smart Data Collective

move within the insurance and banking chain through documents and forms. Currently, there is no linking system between these the two parties involved (banks and insurance companies) that allows for quick and smooth information exchange. Say, a banking agent tries to change information regarding a customer. Unlike the U.S.,

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Blockchain Offers Huge Stability to Bitcoin Autotrading Apps

Smart Data Collective

Are you planning on using a cryptocurrency trading app? Unlike some other best bitcoin autotrading app, you can purchase coins using your debit card or bank transfer. It has fallen from its peak value of $4 in 2017 to just $0.85 eToro is an online brokerage regulated by the FCA and offers a UK bank account deposit option.

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Cryptocurrency Scammers: How To Identify And Avoid Them

Smart Data Collective

In a study conducted in 2017, 80% of ICOs were identified as fraud. In November 2017, they raised $375,000, and soon after that disappeared. Therefore, these scammers try to sell your mining plans as generous earning opportunities. A popular one was Confido. As soon as the news spread, the price of the coin fell from $0.60

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

Data Pine

For example, you could tell your phone about the trip you plan and it would book the most convenient flight, hotel and rental car for you. billion in 2017 to $190.61 Despite the challenges, blockchain technology has significant potential in providing an alternative trust model opposing banks, governments, and many other institutions.

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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

Data Pine

When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. From targeted advertising, education, and already mentioned massive industries (healthcare, manufacturing, or banking), to real-life scenarios, in guest service or entertainment. What’s the motive?

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What AIOps Means for Fintech in 2021

GAVS Technology

In 2017, Gartner predicted that the use of Artificial Intelligence for IT Operations or AIOps would increase by 40% in 2021. The migration of financial data centers with the help of data center migration planning tools is also a part of Fintech. This has held up, as according to industry reports, the AIOps market value was $13.51