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AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. Digital banking market. From blockchain adoption to the use of AI scoring and digital underwriting – a lot of banking processes became paperless and online.

Banking 319
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Leading Trends of Fintech Development Services in 2022

Smart Data Collective

In this article, we will look at the main trends in the field of fintech development services for 2022. The massive digitalization of financial transactions stimulates the active growth of companies developing in the field of virtual banking or neo-banking and the provision of accounting services in a remote format.

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6 Metrics Data-Driven eCommerce Startups Are Prioritizing

Smart Data Collective

More companies than ever are shifting towards digital business models. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be worth over $22 billion by 2025. They are finding new ways to leverage data analytics and AI technology to maximize their ROI.

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Data-Driven EHR Systems Are Invaluable to the Patient Experience

Smart Data Collective

billion by 2025 , which is a remarkable 303% increase from 2017. This article will discuss how big data EHR adoption impacts the patient experience and what benefits it brings. Since data-driven EHR systems store the full patient history in the digital format, they allow doctors to make more informed medical decisions.

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Using AI to Optimize Cybersecurity Apps in the Remote Working Era

Smart Data Collective

Cybercriminals have started scaling their cyberattacks to target people working from home, since they tend to have less reliable digital security. trillion , and ransomware damage costs will reach $20 billion by 2025. AI has led to some important advances that will shore up defenses against these criminals.

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RAG (Retrieval Augmented Generation) Architecture for Data Quality Assessment

Dataversity

It is estimated that by 2025, 50% of digital work will be automated through these LLM models. A large language model (LLM) is a type of artificial intelligence (AI) solution that can recognize and generate new content or text from existing content.

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5 Powerful Networking Technologies That Are Disrupted By AI

Smart Data Collective

An article in CISCOMAG talks about the benefits of using AI in improving network security. In this digital age, people rely more on the internet to find and share information. The number of IoT devices is projected to skyrocket from 10 billion to 64 billion between 2018 and 2025. Internet of Things.