Remove money personal-finance
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How to Navigate Security Concerns in AI-Enabled Autopay

Aiiot Talk

Due to their ability to streamline operations and reduce human error, these systems are increasingly becoming integral in the retail, finance and health care sectors. This trend underscores how convenient and integral these tools have become in streamlining personal finance management for many.”

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How AI Boosts Fintech: 7 Promising AI-Powered Industries To Follow

Unite.AI

When Willie Sutton, once one of America’s most wanted fugitives, was asked why he robbed banks, his response was remarkably simple, “Because that’s where the money is.” That’s where the money is, therefore, the stakes are high, and more regulation will be there. in expenses for every dollar they lose.

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Generative AI in Finance: FinGPT, BloombergGPT & Beyond

Unite.AI

The finance sector, driven by data, is now even more data-intensive than ever. To save money, you sometimes need to spend money. From prompt engineering to understanding complex financial contexts, FinGPT is establishing itself as a versatile GenAI model in the finance domain.

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Forging a framework for central bank digital currencies and tokenization of other financial assets

IBM Journey to AI blog

More prominently, central bank digital currencies (CBDCs) have come to offer digital forms of central bank money, while tokenized deposits tokenize the lifecycle of commercial bank money in both the retail and wholesale context. Privacy refers to the right of data owners to control who accesses their transactional information.

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AI News Weekly - Issue #382: A Majority of AI decision makers worry about data privacy and security - Apr 25th 2024

AI Weekly

mit.edu Applied use cases Quantum Computing Could be the Next Revolution Quantum computers can potentially transform many sectors, from defense and finance to education, logistics and medicine. AI can streamline customer interactions and save organizations money, but will it replace customer service agents?

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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

IBM Journey to AI blog

Digital currency and blockchain lead to greater integrity and efficiency CBDC is a digital form of fiat—money that is issued by central banks. It can be used to create programmable money that can be spent only on specific things. This would ensure that the money is spent in the intended manner and would reduce the risk of fraud.

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The Future of Finance: How AI is Transforming Credit Card Companies

Marktechpost

The finance industry, particularly the credit card sector, is undergoing a rapid transformation driven by artificial intelligence (AI) advancements. Let’s explore the multifaceted impacts of AI on the credit card industry, envisioning a future where finance meets innovation at every corner.