article thumbnail

AI in Banking: 5 Applications of Artificial Intelligence in Banking

Edureka

In the constantly changing world of technology, artificial intelligence has become a potent tool for transforming sectors all over the world. The banking industry is at the forefront of integrating AI, one of its many transformational uses. This enables banks to quickly investigate and take the necessary action.

Banking 40
article thumbnail

Top 10 Emerging Artificial Intelligence Technologies in 2023

Knowledge Hut

With the increasing demand for AI technologies, there has also been a rise in the need for such Artificial Intelligence courses that can train individuals with the necessary skills and knowledge. One of the most popular applications of this new AI technology is, I believe, in customer service operations. by the end of the year 2030.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Striim Enhances Healthcare at Discovery Health with Real-Time Data

Striim

.” As a multifaceted financial services organization, Discovery Health operates in various sectors including healthcare, life insurance, short-term insurance, long-term savings, banking, and wellness. Challenges The primary obstacle for Discovery Health was the sheer scale of data across disparate systems and technologies.

article thumbnail

How to Manage Risk with Modern Data Architectures

Cloudera

The recent failures of regional banks in the US, such as Silicon Valley Bank (SVB), Silvergate, Signature, and First Republic, were caused by multiple factors. Up your liquidity risk management game Historically, technological limitations made it difficult for financial institutions to accurately forecast and manage liquidity risk.

article thumbnail

Data News — Week 23.10

Christophe Blefari

In last minute I also added stuff about the Silicon Valley Bank that has been seized by the US FDIC, which will generate a crisis in scale-ups/startups world. First Mark is a NYC VC, in their portfolio they have Dataiku, ClickHouse and Astronomer among other tech or B2C companies. Which led to a bank run.

Banking 130
article thumbnail

Accelerating Cost Reduction: AI Making an Impact on Financial Services

Cloudera

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

article thumbnail

What is AI in Finance?

Edureka

With AI, banks can now consider factors other than your credit score when you apply for a loan. AI in finance means using advanced technologies like machine learning , natural language processing, and data analytics to improve how banks and financial companies handle different tasks. How is AI used in finance?

Finance 52