article thumbnail

Is Machine Learning Changing Our Approach to Asset Management?

Smart Data Collective

Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. The banking and financial industries are no different. . But is AI becoming the end-all and be-all of asset management ? How much potential does it really have? Why Machine Learning?

article thumbnail

Is It Possible to Fully Protect Your Data Nowadays?

Smart Data Collective

While data privacy does include efforts to protect your passwords and bank account information when you’re online, it’s also much more than that. They can contain adware (a virus that gets downloaded once you click the ad) and infect your computer with malware that gives remote access to your computer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How AI-Driven Cybersecurity Drastically Impacts Our Lives

Smart Data Collective

It protects us from malware or other malicious software from getting into our laptops via an encrypted link or download by using anti-malware programs. They may also try to get your bank details through scam calls which involve contacting the target and posing as a billing company.

article thumbnail

Online Traders Need to Take the Threats of Data Breaches Seriously

Smart Data Collective

One such high-profile example of this type of attack comes from the 2016 hack of the Bangladesh Bank where hackers sent a fake payment instruction to the Federal Reserve Bank of New York, resulting in the transfer of a whopping $81 million to defrauding accounts.

Banking 218
article thumbnail

7 Ways Small Businesses Use Data Analytics for Expense Tracking

Smart Data Collective

So, why not download an expense tracker software to stay on top of all business expenses? You can link the software with different banks and online applications. Bank research, 82% of business failures happen due to inadequate cash flow management. A lot of machine learning tools have made it easier to do your taxes.

article thumbnail

How Blockchain Advances Paved the Route for the Success of Dogecoin

Smart Data Collective

There are also plenty of other smaller apps that you can download in order to invest in these cryptocurrencies, so it’s worth exploring what’s available and useful for you. Most will use a bank transfer or eWallet transfer as their payment method. Image Source. The bigger the transfer of payment, the longer it’s likely to take.

Banking 310
article thumbnail

Mining City Uses Blockchain to Offer Reliable New Bitcoin Wallet

Smart Data Collective

Think of your bitcoin wallet like you do your online bank account. Similar to the way you would have a bank account for fiat currency, you can have a bitcoin wallet for your private keys. They are also known as “desktop” wallets because they are downloaded to your computer. What Is a Blockchain Wallet? Desktop Wallets.

Banking 287