“Data is arguably the most important asset a bank has in understanding their customer base. With AI, banks can continue to explore for innovation and develop new solutions quickly, accurately and securely – but it’s a race. The AI Playbook MMC Ventures also published ‘The AI Playbook’ which details how exactly businesses can take advantage…
Month: March 2019
Bank AI experts gather for NextGen Banking London
“AI experts from Barclays, Lloyds Bank, Citibank, Santander, Westpac and State Street will take to the stage at Finextra’s NextGen Banking London conference on 16th May 2019, to stir up the debate on how artificial intelligence is impacting and reshaping financial services. Karan Jain, head of technology Europe and Americas at Westpac, will champion the…
AI Advancements Are Making It Easier to Hack Biometric Systems
“Though the methods above are tricky for a hacker to complete, artificial intelligence could end up making the process of stealing your identity much easier. Researchers at New York University have created a tool that can generate fake fingerprints to unlock mobile devices. Even more so, researchers have demonstrated how deep artificial neural networks can…
SXSW 2019 Will Focus on How AI and Automation Will Change the Workforce
“Artificial intelligence, which is the technology that powers autonomous vehicles and robots, is one of the biggest themes of SXSW Interactive this year, Forrest said. AI has been referred to as the Fourth Industrial Revolution and it’s going to have far reaching impacts on every sector of the worldwide economy. Automation will lead to massive…
Artificial Intelligence Will Add $15 Trillion to the World Economy by 2030
“And those are just a couple of small examples. By one estimate, AI contributed a whopping $2 trillion to global GDP last year. By 2030, it could be as much as $15.7 trillion, “making it the biggest commercial opportunity in today’s fast changing economy,” according to a recent report by PwC.” https://www.google.com/amp/s/www.etftrends.com/innovative-etfs-channel/ai-will-ad-15-trillion-to-world-economy-by-2030/amp/