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5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021

Smart Data Collective

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Now that artificial intelligence is involved, fraudulent transactions can be fully eliminated.

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How AI-Driven Cybersecurity Drastically Impacts Our Lives

Smart Data Collective

Artificial intelligence is a form of technology that is drastically changing our lives. We have talked extensively about the benefits of using AI for marketing, gaming, financial analysis and many other applications. One of the most impactful ways that AI impacts our lives is by improving our cybersecurity technology.

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Remote Workers Demand Data-Driven Cybersecurity Platforms

Smart Data Collective

It uses big data and artificial intelligence to predict the probability of a threat at any given time, which is especially important in situations where newly minted remote workers are no longer able to receive assistance from their company’s IT department staffers.

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Benefits of Automated Financial Analysis

Argon Digital

Automation is Redefining Financial Analysis In the ever-evolving landscape of finance, financial analysis automation is no longer a mere buzzword but a pivotal component of successful business strategies. Feasibility of Automated Financial Analysis You might be asking yourself, can financial analysis really be automated

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Information extraction using natural language processing (NLP)

Astera

Information extraction (IE) finds its roots in the early development of natural language processing (NLP) and artificial intelligence (AI), when the focus was still on rule-based systems that relied on hand-crafted linguistic instructions to extract specific information from text. vendor profiles, payment history).

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Simplifying Financial Reporting with Automation

Argon Digital

The automation of financial reporting is not only possible but also increasingly essential in today’s fast-paced business landscape. Advancements in technology, particularly in Artificial Intelligence (AI) and Machine Learning (ML), have made it feasible to automate various finance-related tasks.

Finance 98
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What is Enterprise Automation?

Argon Digital

Accounting activities include record-keeping, forecasting, payroll processing, accounts receivable/accounts payable, financial analysis, and more. Accounting automation simplifies and accelerates financial workflows by digitizing and automating tasks like data processing, document management , and financial analysis.