“AI solutions are secure by design, really? Usually, hackers access traditional software systems to steal data. They hack industrial control systems and misguide them to do the wrong action(s). However, the core of AI systems has mainly algorithms and not much data. This created the illusion of absolute security by nature among some people, as…
Tag: ai Banking
Envel uses AI to redefine banking for Generation Z
“The unique financial needs of Generation Z led to the creation of Envel, a challenger bank that uses AI to manage expenses and automate savings in order to help create stability in a world where chaos is often the dominant theme of the day. ‘Using some of the best resources we’ve been able to gather, we’ve been…
Risk and Reward
I found a couple of really interesting articles over the weekend, and I’m concerned that you may have missed them with the holiday. Here are the links for easy access. Who Owns Model Risk in an AI World? https://aiecommerce.com/2019/04/19/who-owns-model-risk-in-an-ai-world/ What is the Difference Between AI and Machine Learning https://aiecommerce.com/2019/04/20/what-is-the-difference-between-ai-and-machine-learning/
How to accelerate your path to AI
“Gartner believes that the future of analytics is augmented. That is, analytics will be AI-driven and all end-to-end use cases will be automated. The biggest difference between the development of AI and other software platforms is the speed of the transition. While ERP platforms took decades to reach this stage, AI has probably had the fastest…
Who Owns Model Risk in an AI World?
As a proponent of AI, this is the type of article that I do not enjoy sharing, because it will scare some people away. However, as an industry professional, I believe it’s critical to understand the benefits and detriments of a new technology, That said, this article is a “must read” for anyone thinking about…