Aiiot Talk

DECEMBER 27, 2023

Moreover, in sectors like banking, AI-driven software is used for processing loan applications and performing risk assessments, speeding up processes that once took days to complete. Similarly, in the finance sector, AI is employed for real-time fraud detection, helping businesses to minimize losses and protect their customers.

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Chatbots Life

MAY 17, 2023

To start, we picked an exciting sector to dive into: Conversational AI in Finance. These banking chatbots are high volume and serve the needs of customers seeking finance-related support and services, which makes way for the opportunity to develop or enhance contextual and transactional experiences.

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Flipboard

MARCH 20, 2023

The highly anticipated release of GPT-4, the latest iteration of OpenAI's groundbreaking language model, has sent ripples of excitement throughout the banking and fintech industry. As ChatGPT’s capabilities expand, the traditional roles of personal finance management and financial advisors may soon …

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Becoming Human

MARCH 17, 2023

Intelligent virtual assistants such as Apple’s Siri, Amazon Alexa, Google Now, and Microsoft Cortana perform important business functions for personalized and engaging customer service. Apple’s Siri personalizes responses to natural-language user queries. indicate that one in five Americans has smart speakers.

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Pickl AI

SEPTEMBER 7, 2023

In an era defined by data-driven decision-making, the finance industry stands at the forefront of harnessing the potential of Data Analytics. Today, the role of Data Analytics in the finance industry is growing. It is playing a pivotal role in shaping the landscape of the finance industry.

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Automation Machine Learning Big Data Artificial Intelligence 52

NVIDIA

JANUARY 11, 2024

They’re also using AI to analyze customer data to predict preferences and deliver personalized marketing campaigns, educational content and targeted promotions. Finance professionals agree. Explore NVIDIA’s AI solutions and enterprise-level AI platforms for delivering smarter, more secure financial services and the AI-powered bank.

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Large Language Models Data Scientist Generative AI AI 132

Unite.AI

AUGUST 25, 2023

She is also a commentator on Bloomberg TV/ Business News Networks and a speaker at conferences organized by the Economist and the International Finance Corporation. Juliette identifies the patterns and practices of successful business leaders who bank on ethical AI and data to win. Her TED talk has 130K views on YouTube.

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IBM Journey to AI blog

FEBRUARY 6, 2024

Stronger compliance: Heavily regulated sectors like healthcare and personal finance levy large financial penalties when customer data is breached. Deploying a strong cyber or disaster recovery solution increases a business’s chances of making a full and effective recovery from a variety of threats.

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NVIDIA

SEPTEMBER 7, 2023

It’s no surprise, then, that customers expect fast and personalized interactions with companies. Speech AI for Banking and Payments Most people now use both digital and traditional channels to access banking services, creating a demand for omnichannel, personalized customer support. per voice session.

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Automation AI AI Conversational AI 122

Marktechpost

DECEMBER 1, 2023

It is the responsibility of organizations to protect personal data privacy. Companies may want to keep data private even if it is not personal to safeguard intellectual property, gain a competitive edge, or keep systems secure, such as when guarding secrets.

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AI AI Data Integration AI Researcher 103

AssemblyAI

FEBRUARY 21, 2023

Walmart’s CAIO may be focused on how the giant retailer can use AI to personalize shopping experiences by recommending products based on customers’ online browsing, in-store, and purchasing history.

AI Strategy 130

AI Strategy AI AI Artificial Intelligence 130

Unite.AI

JUNE 2, 2023

Especially, the recent wave of generative AI models like ChatGPT has introduced new capabilities in various data-sensitive sectors, such as healthcare, education, finance , etc. Hinton says: “Right now, what we're seeing is things like GPT-4 eclipses a person in the amount of general knowledge it has, and it eclipses them by a long way.

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IBM Journey to AI blog

NOVEMBER 9, 2023

And digital experiences define your brand, whether you’re a retailer, a bank, or the Recording Academy,” says Panos A. IBM Consulting conducts ongoing IBM Garage workshops with the Academy to build and refine a Salesforce roadmap that delivers personalized experiences to each of their 23,000 members.

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Snorkel AI

DECEMBER 12, 2023

Co-founder Sean Earley recently investigated how financial institutions could use Google Dialogflow with Snorkel Flow to build better chatbots for retail banking. Chatbots must provide accurate, compliant information as well as personalized, contextually appropriate responses. His investigation produced this guide.

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IBM Journey to AI blog

FEBRUARY 14, 2024

Personalize customer experiences The use of AI is effective for creating personalized experiences at scale through chatbots, digital assistants and customer interfaces , delivering tailored experiences and targeted advertisements to customers and end-users.

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Computer Vision Automation Robotics AI 221

Pickl AI

AUGUST 24, 2023

Personalization and Customization: Big Data enables personalization at scale. Risk Management and Fraud Detection: Industries like finance and insurance rely on Big Data to assess risks and detect fraudulent activities. Healthcare Providers: Big Data revolutionizes healthcare by enabling personalized medicine.

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Big Data Data Analysis Algorithm AI 52

Snorkel AI

DECEMBER 12, 2023

Co-founder Sean Earley recently investigated how financial institutions could use Google Dialogflow with Snorkel Flow to build better chatbots for retail banking. Chatbots must provide accurate, compliant information as well as personalized, contextually appropriate responses. His investigation produced this guide.

Chatbots 59

Chatbots AI AI Machine Learning 59

IBM Journey to AI blog

MARCH 14, 2024

Private networks In addition to network slicing, 5G allows users to create private networks with enhanced personalization and security. According to a recent World Bank blog (link resides outside of IBM), providing internet connectivity—and specifically wireless access—helps lift millions out of poverty every year.

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Allen AI

JUNE 19, 2023

But in the same way that you wouldn’t trust a random person to write banking software, you probably also shouldn’t trust a language model to write banking software. In one case, a person received terrible advice from a chatbot that led to the person’s physical harm. Have I checked the accuracy of the output?

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Large Language Models LLM Chatbots Explainability 143

Unite.AI

SEPTEMBER 27, 2023

The finance sector, driven by data, is now even more data-intensive than ever. Especially legacy banks that have decades of financial data with them. Both data and LLM models can save banks and other financial services millions by enhancing automation, efficiency, accuracy, and more.

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Generative AI Large Language Models Prompt Engineer Prompt Engineering 304

Unite.AI

NOVEMBER 2, 2023

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.” Banks and financial institutions would be, from my perspective, more than willing to partner with a venture that helps them accomplish these goals.

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AI AI Automation Chatbots 217

Pickl AI

FEBRUARY 20, 2024

Here’s why: Financial stability: Selecting courses with high earning potential ensures a stable financial future, providing the means to support oneself and pursue personal aspirations. By opting for courses with high earning potential and aligning with personal interests, one can pave the way for a fulfilling career journey.

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Data Science Data Analysis Machine Learning Data Scientist 52

Towards AI

MARCH 21, 2023

We’ll look into practical examples in industries such as healthcare, finance, and supply chain management. Content: Rule-Based Systems ML-Based Systems Hybrid Systems Practical Cases Personal Experience Conclusions Rule-based systems A rule-based system is a set of predefined rules to make decisions or provide recommendations.

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ML Machine Learning Natural Language Processing Algorithm 98

IBM Journey to AI blog

JUNE 2, 2023

In the rapidly evolving landscape of financial services, embracing AI and digital innovation at scale has become imperative for banks to stay competitive. As we step into 2023, the focus has shifted to digital financial services, encompassing embedded finance, generative AI and the migration of super apps from China into a global phenomenon.

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Generative AI AI AI Large Language Models 156

Pickl AI

APRIL 17, 2023

AI has multiple uses in many industries, including banking, healthcare, transportation, education, etc. Finance: AI is used in finance for risk management, credit rating, and fraud detection. Entertainment: AI is utilized in virtual reality, game development, and personalized content recommendations.

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DevOps Artificial Intelligence Artificial Intelligence Automation 52

Defined.ai blog

OCTOBER 9, 2022

In 2020, data breaches resulted in the exposure of 36 billion records, the majority including personally identifying information (PII), based on recent data from Risk Based Security. Facial recognition is used to track behavior of a specific person in security footage. Zoom wasn’t the only company to be impacted.

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ODSC - Open Data Science

AUGUST 30, 2023

And this is commonplace in almost every field, from data science, to finance, energy, and many others. What is important for non-profits, won’t be the same data that banks or hospitals will find important. This can assist professionals in making informed decisions and understanding their data more comprehensively.

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LLM Large Language Models Data Science NLP 52

IBM Journey to AI blog

FEBRUARY 6, 2024

One of the more complex challenges banks must solve is to make payments more efficient. The service launch means that if a bank or wallet participates in Alipay+, customers can make real-time payments simply by scanning the QR code using DuitNow in Malaysia. The reasoning for the D.C.

Automation 245

Automation 245

O'Reilly Media

NOVEMBER 29, 2022

The financial collapse of 2008 led to tighter regulation of banks and financial institutions. You should be able to opt out, where appropriate, and have access to a person who can quickly consider and remedy problems you encounter. Even when catastrophes don’t kill large numbers of people, they often change how we think and behave.

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Unite.AI

MAY 6, 2024

These models can process queries using natural language, automate resolutions, and manage scheduling, providing personalized service based on customer history to improve satisfaction. Finance: LAMs can offer personalized financial advice and manage tasks like portfolio balancing and investment suggestions.

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Neural Network AI AI Automation 195

AWS Machine Learning Blog

NOVEMBER 16, 2023

It partners with healthcare providers, startups, universities, and other companies to develop technology that helps doctors make more precise diagnoses and deliver more personalized treatment for millions of people worldwide. However, innovation was hampered due to using fragmented AI development environments across teams.

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Data Scientist ML Data Science Automation 92

Viso.ai

MARCH 26, 2024

The integration of Artificial Intelligence (AI) technologies within the finance industry has fully transitioned from experimental to indispensable. Initially, AI’s role in finance was limited to basic computational tasks. In this article, we present 7 key applications of computer vision in finance: No.1:

Computer Vision 52

Computer Vision Neural Network Machine Learning Convolutional Neural Networks 52

Unite.AI

APRIL 23, 2024

Easily personalize multiple resume applications for different opportunities. You can customize multiple versions of your resume for quick and easy personalization for each application to increase your chances of getting hired. Pros Instantly generate professional resumes, cover letters, and websites online in minutes using AI.

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AI AI AI Tools Explainability 261

AWS Machine Learning Blog

SEPTEMBER 1, 2023

Note that multiple personas can be covered by the same person depending on the scaling and MLOps maturity of the business. Example use cases are clothing design generation or imaginary personalized images. These personas need dedicated environments to perform the different processes, as illustrated in the following figure.

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Generative AI Prompt Engineer Prompt Engineering AI 106

IBM Journey to AI blog

NOVEMBER 14, 2023

Why data monetization matters According to McKinsey in the Harvard Business Review , a single data product at a national US bank feeds 60 use cases in business applications, which eliminated $40M in losses and generates $60M incremental revenue annually. Code generation “co-pilot” tools (e.g.,

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NVIDIA

DECEMBER 13, 2023

The Wild West had gunslingers, bank robberies and bounties — today’s digital frontier has identity theft, credit card fraud and chargebacks. Some banks are using voice authentication to help authorize users. Fraud detection has been a challenge across banking, finance, retail and e-commerce.

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AWS Machine Learning Blog

FEBRUARY 14, 2024

In this post, we discuss how to use the comprehensive capabilities of Amazon Bedrock to perform complex business tasks and improve the customer experience by providing personalization using the data stored in a database like Amazon Redshift.

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Prompt Engineer Prompt Engineering Generative AI AI Chatbots 118