The future of payment intelligence holds great potential with the integration of embedded lending, investment, and insurance. As technology continues to advance and reshape the financial landscape, the convergence of these services within payment syste…
There are about 7.5 billion people on the planet, give or take a few. But that number pales in comparison to the number of connected devices worldwide. According to Autonomous, a financial research firm, people are outnumbered three-to-one by their smart computing devices — an estimated 22 billion in total. And the number of smart devices will […]
A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues through intelligent automation. The report, Growth in the Machine, demonstrates the advantages of applying the right combination of robotic process automation (RPA), artificial intelligence (AI), and business process optimisation in the sector […]
Barclays has announced the appointment of Adam Kelleher as Director and Chief Data Scientist for Research. In this newly created role, he will be responsible for building a new global team of data scientists with expertise in sourcing, normalizing, and utilizing alternative data sets to support Barclays’ Research franchise. Dr. Kelleher joins Barclays from BuzzFeed, […]
Biases are an incurable symptom of the human decision-making process. We make assumptions, judgements and decisions on imperfect information as our brains are wired to take the path of least resistance and draw quick conclusions which affect us socially as well as financially. The inherent human “negative bias” is a byproduct of our evolution. For […]
Financial services organizations realize they have the potential to apply advanced analytics for both internal and external benefits since they have large data sets and experience with analytical tools. From payment services to everyday banking, insight is captured that can make machine learning more powerful. The good news is that banks and credit unions state […]
BOSS – Blue Ocean Shift Strategy can actually help and create vision to focus on areas such as AI, blockchain for education, health & agriculture, create ecosystems using BigData analytics and IoT. To capture a quick snapshot of this strategy, cer…
Year 2018 will be known as year of Artificial Intelligence and Intelligence Augmentation for sure.We used to think artificial intelligence was a silly sci-fi concept but when you really look into it, it seems like its been slowly encroaching into most …
This was the first serious proposal in the philosophy of artificial intelligence, which can be explained as: a science developing technology to mimic humans to respond in a circumstance. In simple words AI involves machines that behave and think like h…
Big data presents a tremendous opportunity for enterprises across multiple industries especially in the tsunami like data flow industry of “Payments”. FinTech, InsureTech, MedTech are major data generating industries i.e massive group of factories. Acc…
