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From Vision to Reality: Fintech Industry Trends

Dataversity

It’s not simply about money transfers anymore: The digital finance industry now offers users insurance, mortgages, loans, and crowdfunding opportunities, to name a few, and the diversity of the available banking services keeps […]. The post From Vision to Reality: Fintech Industry Trends appeared first on DATAVERSITY.

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SMEs Use AI-Driven Financial Software for Greater Efficiency

Smart Data Collective

The banking industry is among those most heavily affected by AI. Smart solutions can give banks an advantage over competitors. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. These accountants who now have digitalized their jobs aren’t sitting around useless.

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Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

Comprehensive digital visions and AI strategies, on the other hand, are still a rarity in this sector. Banks and insurance firms are deriving high benefits from AI in customer engagements, yet the initiatives are not scaled,” the report states. These insights can then be used for even more targeted marketing actions.

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5 People, 24 Companies, and 42 Products Awarded for Excellence in Artificial Intelligence

Bintelligence

Borhen Marzougui, Technology Expert, Dubai Roads and Transport Authority - Abhishek Mittal, VP of Data Analytics and Operations Excellence, Wolters Kluwer - Amit Walia, CEO, Informatica Organizational Winners - alva - Natural language processing - Ambiq - Intelligent control - BirdEye - Machine learning - Bright Machines - Robotics - Cherre - Natrural (..)

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Bank Statement Extraction: Software, Benefits, and Use Cases

Astera

Bank statements contain useful financial information that can be turned into important insights. With the era of manual bank statement extraction firmly in the past, intelligent document processing (IDP) and artificial intelligence (AI) offer a better way of processing bank statements and obtaining the valuable data they contain.

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

Data Pine

Computer Vision. The first in our definitive rundown of tech buzzwords 2020 is computer vision. Exciting and futuristic, the concept of computer vision is based on computing devices or programs gaining the ability to extract detailed information from visual images. We will probably talk about AI as the megatrend of the future.

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Pioneering AI frontier: unleashing natural language interfaces

Analysts Corner

Natural language: the pinnacle of the interface One of the main barriers to digital inclusion today is the human-computer interface. An account manager at a bank needs to memorize a series of codes and be trained in dozens of applications to open accounts, negotiate investments, make loans, and attend to customer requests.