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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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Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

Artificial intelligence is one of the most important trends pushing the envelope of what’s possible with fintech. When Fintech Meets Artificial Intelligence. Artificial intelligence is also adept at data processing and analytics, both useful tools for financial applications. Predictive Analytics.

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Using Artificial Intelligence to Make Sense of IoT Data

BizAcuity

There is a coherent overlap between the Internet of Things and Artificial Intelligence. IoT is basically an exchange of data or information in a connected or interconnected environment. AI is about simulating intelligent behavior in machines that carry out tasks ‘smartly’. IoT, Artificial Intelligence and Healthcare.

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Wi-Fi Connectivity Issues Impede Data-Driven Healthcare Models

Smart Data Collective

But it’s a real impediment when you’re discussing your medical history or trying to go over lab results. It can be a huge problem when you need to collect real-time data for your stakeholders. The solution’s artificial intelligence learns how you use Wi-Fi in your home and adjusts the signal strength accordingly.

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Green Data Centers Make Data-Driven Entities More Sustainable

Smart Data Collective

Intelligent Monitoring Systems Implementing intelligent systems that offer real-time data on various environmental factors, assisting in pinpointing inefficiencies and creating avenues for improvements, thus setting a benchmark in environmental responsibility within the tech industry.

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Understanding the magic that is analytics

Smart Data Collective

While you can examine your own analytics for a more secure business plan and to come up with strategies that target the results you desire, it is also a good thing to study the analytics of other companies in that area to help you determine where they went wrong and how you can avoid making the same mistakes and ending up a similar failure.

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New Software Development Initiatives Lead To Second Stage Of Big Data

Smart Data Collective

Although many organizations seem not to understand the intrinsic value of Big Data, an equal number seems to in different industries seems to be adopting this concept. In fact, according to a recent survey conducted by Gartner Survey, it is estimated that 75% of companies are planning to heavily invest in Big Data in the decade.

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