“H2O.ai, the open source leader in artificial intelligence (AI) and machine learning, today announced that underwrite.ai …is leveraging the automatic machine learning platform H2O Driverless AI Underwrite.ai applies advances in AI derived from genomics and particle physics to provide lenders with nonlinear, dynamic models of credit risk which drastically improve payment default rates.” https://finance.yahoo.com/amphtml/news/underwrite-ai-leverages-h2o-ai-220000765.html
Tag: credit
Interview: JPMorgan Chase CEO Jamie Dimon on AI, the cloud and the bank’s big bet on Seattle tech
“Jamie Dimon spoke with GeekWire via phone about the future of artificial intelligence in the financial sector; what he has learned from Amazon CEO Jeff Bezos; and what made him change his mind about the cloud. Jamie Dimon: The cloud and AI are real, huge, powerful and they’re going to change a lot for us….
Singapore goes AI: training, incentives and regulation
“Earlier this year, both the United Overseas Bank (UOB) and the OCBC Bank in Singapore announced their intent to invest in training sessions in AI for their staff. In a recent note entitled “Is AI the next revolution in retail banking?”, UBS strategist Philip Finch revealed that the new technology could lead to a 3.4%…