Gartner’s Cool Vendors in AI for Banking and Investment Services Company Banksight – https://banksight.com Brian Stone – CEO & Founder http://linkedin.com/in/brianstone “BankSight’s solution uses predictive analytics and machine learning for both structured and unstructured data to improve account opening and onboarding, identify appropriate services, and manage customer relationships.” https://banksight.com
Tag: Financial Services
AI Banking: Differentiate and Key to Success
AI Innovation: A Differentiator for Banking “Prema Varadhan, VP of AI Centre of Excellence, Temenos, speaks at The Temenos Community Forum 2019 in The Hague about the priority banks place on the value of AI to their institutions, which business functions are likely to gain the most value from the use of AI and the…
AI for Payments – Visa vs. MasterCard
“Jamison said Visa has more than 100 applications that use AI in some form In fact, in looking across the globe, Jamison pointed to Asia as fertile ground for AI innovation. “The whole integration of AI into daily life is really happening in the Asia-Pacific region,” he said. Amazon has shipped over 100 million Alexa-enabled…
AI is Accelerating the Growth of FinTech Companies
“FinTechs are capable of offering quality services to their customers at a comparatively lesser cost because AI enables them to control costs at each stage. They are working aggressively towards creating a more customer-friendly financial environment by removing the complexities in documentation and product delivery.” https://www.google.com/amp/s/www.entrepreneur.com/amphtml/333278
Artificial Intelligence in Retail Banking – Current Applications
“One AI company offering fraud detection to retail banks is Threatmetrix, a subsidiary of LexisNexis. Their Dynamic Decision Platform purportedly improves account authentication and identity verification. SAS offers a predictive analytics software called Credit Scoring for SAS Enterprise Miner. The solution is an added capability of their larger Enterprise Miner solution. The software’s machine learning…