Smart Data Collective

NOVEMBER 3, 2021

There is no denying the reality that artificial intelligence is setting new standards in the financial sector. The banking industry is among them. The banking industry is among them. Banks have been slower to adapt AI technology than some other institutions. They currently spend just under $4 billion in 2020.

Banking 317

Banking Digital Artificial Intelligence Documentation 317

Smart Data Collective

MAY 10, 2022

Artificial intelligence (AI) is all the rage now. For example, banks now apply AI to assess credit risks with high accuracy. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 billion in 2020. billion in 2020. What is artificial intelligence?

Artificial Intelligence 299

Artificial Intelligence Cybersecurity Banking Retail 299

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 264

Business Intelligence Business Intelligence Predictive Analytics Data Discovery 264

Smart Data Collective

SEPTEMBER 27, 2020

Artificial intelligence has created a number of amazing opportunities for the financial sector. trillion’s worth of proceeds from illegal activities are funneled through legitimate banking systems every single year, coming out clean on the other end. The benefits of AI are endless. In fact, an estimated USD 2.4 Event Scoring.

Monitoring 330

Monitoring Artificial Intelligence Banking Cybersecurity 330

Smart Data Collective

JANUARY 19, 2021

Also, it states, in 2019 and 2020 cryptocurrencies have been on the road to recovery potentially entering a bull market. The use of artificial intelligence is heavily emphasized in business these days with the use of robots for more efficiency. It will enable users to send money online instantly and purchase things.

Finance 348

Finance Supply Chain Banking Artificial Intelligence 348

Smart Data Collective

SEPTEMBER 9, 2020

From intelligent machines and automated cars to genetic modification and 3D printing, there’s a significant technological power shift everywhere at a rapid pace. But this is now about to evolve as banks, insurers, and businesses compete to learn how and when to use AI technology to reduce the expenses.

Healthcare 282

Healthcare Artificial Intelligence Banking Data Mining 282

Smart Data Collective

JANUARY 27, 2022

Did you know that big data consumption increased 5,000% between 2010 and 2020 ? The development of new food products – artificial meat, dairy substitutes, gluten-free confectionery – direct consequences of the growing demand for healthy food and the increase in population. This should come as no surprise. With their help, AI learns to.

Big Data 332

Big Data Logistics Artificial Intelligence Data Analytics 332