The financial services industry is using machine learning to revolutionize its processes and rapidly improve financial outcomes, and its potential seems limitless. That’s why the University of ...

About 2.5 billion people around the world are underserved by traditional financial institutions. For traditional banks and loan companies, these individuals technically don’t even exist: According to ...

Anomaly detection is one of the more difficult and underserved operational areas in the asset-servicing sector of financial institutions. Broadly speaking, a true anomaly is one that deviates from the ...

This report from Feedzai, 'Demystifying Machine Learning for Financial Institutions', looks at how machine learning operates, and how it can impact the way banks detect and prevent known types of ...

Technology in financial services can be somewhat of a double-edged sword. On one side, new technological innovations, like artificial intelligence (AI) and machine learning (ML), are striving to make ...

The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from ...

My company, Kickfurther, has carved out a niche by connecting businesses in need of funding for their retail inventory with buyers of that inventory. A key component of this business model is the ...

Adam M. Root argues businesses must anchor ML in customer problems, not technology. He details a strategy using cross-functional pods that helped a client save $300M by accurately predicting demand.

(Bloomberg Markets) --Machine learning is enabling investors to tap huge data sets such as social media postings in ways that no mere human could. Yet, despite the enormous potential, its record ...

Robots have replaced thousands of routine jobs on Wall Street. Now, they’re coming for higher-ups. That’s the contention of Marcos Lopez de Prado, a Cornell University professor and the former head of ...

Artificial intelligence and machine-learning technologies have evolved a lot over the past decade and have been useful to many people and businesses, especially in the realm of finance, banking, ...