financial
financial

The Banking Industry Has a $1 Trillion Opportunity with AI

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 […]

Fintech: Sector Can Benefit From Up To $512 Billion via Intelligent Automation

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 […]

Here is the Essential Landscape for Enterprise AI Companies

Enterprise companies comprise a $3.4 trillion market worldwide of which an increasingly larger share is being allocated to artificial intelligence technologies. By our definition, “enterprise” technology companies create tools for workplace roles and functions that a large number of businesses use. For example, Salesforce is the primary enterprise software used by sales professionals in a company. Also […]

Barclays Appoints Adam Kelleher as Chief Data Scientist for Research

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, […]

Use of AI and Machine Learning on the Uptick in Finance

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 […]

Artificial Intelligence (AI) in FinTech

Artificial Intelligence, Machine Learning, and Deep Learning are revolutionizing the financial technology industry.Machine Learning and Deep Learning are a growing and diverse fields of Artificial Intelligence (AI) which studies algorithms that are cap…