IBM Journey to AI blog

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

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Data Science Dojo

JULY 2, 2023

Fraud detection and prevention: LLMs powered by AI can analyze large volumes of financial data in real time, enabling more effective detection of fraudulent activities. By examining patterns and identifying unusual behaviors, LLMs can enhance fraud detection capabilities and reduce financial losses for businesses and individuals.

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DataRobot Blog

DECEMBER 6, 2022

With a goal to help data science teams learn about the application of AI and ML, DataRobot shares helpful, educational blogs based on work with the world’s most strategic companies. Explore these 10 popular blogs that help data scientists drive better data decisions. Read the blog. Read the blog. Read the blog.

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IBM Journey to AI blog

JULY 31, 2023

We already covered how mainframe modernization isn’t just for the financial industry , so why not address the elephant in the room? Financial services companies are considered institutions because they manage and move the core aspects of our global economic system.

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Data Science Dojo

APRIL 25, 2023

AI in FinTech is like having a financial expert who never sleeps, never gets tired, and never complains about coffee. This has led to the emergence of the financial technology (FinTech) industry, which is focused on using technology to make financial services more accessible, efficient, and customer friendly.

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Data Science Dojo

SEPTEMBER 17, 2023

As a finance professional, I’ve penned this blog to delve into the various ways AI is transforming day-to-day operational activities in accounting while discussing the pros and cons of its integration. This plays a pivotal role in ensuring the financial integrity of our organizations.

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Data Science Dojo

OCTOBER 8, 2023

This distribution is applicable when events occur randomly and are relatively rare, like calls to a hotline or requests for customer service during specific hours. Consider a scenario where customers arrive at a service point following a Poisson process, and the time it takes to serve them follows an exponential distribution.

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IBM Journey to AI blog

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

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IBM Journey to AI blog

NOVEMBER 14, 2023

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. Shockingly, a staggering 33% of developers lack the necessary skills or resources, hindering their productivity in delivering products and services.

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Dataconomy

SEPTEMBER 12, 2023

• Quick take: Ant Group aims to redefine financial advising and insurance services with the introduction of a specialized Large Language Model (LLM) and its customer-centric app, Zhixiaobao 2.0. are designed to provide targeted, highly accurate advice to both financial professionals and everyday consumers. Zhixiaobao 2.0

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IBM Journey to AI blog

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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Dataconomy

JANUARY 10, 2024

This decision, as explained in a blog post by CEO Dan Clancy, was driven by the prohibitively high network fees in the region. Clancy highlighted that Twitch had been operating at a significant loss in South Korea, and that the company saw no viable path to sustain its services there profitably.

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IBM Journey to AI blog

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

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IBM Journey to AI blog

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

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SAS Software

OCTOBER 31, 2023

In today’s world of financial services, a well-crafted decisioning system is paramount, whether you're dealing with credit risk, fraud prevention, financial compliance, or any other critical aspect. appeared first on SAS Blogs. This quandary demands careful consideration [.] This quandary demands careful consideration [.]

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IBM Journey to AI blog

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Founded in the UK in 2020, MySocialPulse has continued to scale its business by leveraging both cloud and AI technologies from IBM.

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Data Science Dojo

AUGUST 22, 2023

This can help businesses to provide customer service 24/7 without having to hire additional staff. For example, an LLM could be used to create a chatbot that can answer customer questions about products, services, and shipping. This content can be used to attract attention, engage customers, and promote products and services.

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IBM Journey to AI blog

DECEMBER 4, 2023

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age. With that said, there isn’t a one-size-fits-all route to addressing DORA.

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IBM Journey to AI blog

MAY 14, 2024

Through new approaches to financial management that incorporate generative AI , this advanced technology can help CFOs make more informed, data-driven decisions for their organization that can have major financial implications. A good starting point is from a hybrid cloud environment.

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AWS Machine Learning Blog

SEPTEMBER 19, 2023

Multi-modal data is a valuable component of the financial industry, encompassing market, economic, customer, news and social media, and risk data. Financial organizations generate, collect, and use this data to gain insights into financial operations, make better decisions, and improve performance.

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IBM Journey to AI blog

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

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Data Science Dojo

JANUARY 18, 2023

In this blog, let’s see what the future holds for fintech trends in 2023. billion unbanked people access to financial services. This makes them susceptible to exploitation from expensive moneylenders or loan sharks in the informal financial sector. AI and machine learning algorithms however can reduce this discrepancy.

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phData

APRIL 29, 2024

In our previous blog, Top 5 Fivetran Connectors for Financial Services , we explored Fivetran’s capabilities that address the data integration needs of the finance industry. In this blog, you can get a brief overview of Fivetran again and how it is also transforming the healthcare industry.

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IBM Journey to AI blog

APRIL 22, 2024

Modularity : Deployable architecture follows a modular design pattern, where different components or services are isolated and can be developed, tested and deployed independently. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

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AWS Machine Learning Blog

MARCH 28, 2024

For example, the training data used for BloombergGPT is 51% domain-specific documents, including financial news, filings, and other financial materials. The authors of BloombergGPT concluded that their model outperforms all other models tested for four of the five financial tasks.

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IBM Journey to AI blog

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Real-Time Payments and Wire Transfer).

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IBM Journey to AI blog

SEPTEMBER 13, 2023

The global digital payments ecosystem continues to evolve as new and incumbent financial institutions, payment networks, central banks, governmental agencies, businesses and other market players push for innovation. The solution is built on IBM Cloud for Financial Services, leveraging its built-in security and compliance framework.

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Dataconomy

JULY 31, 2023

Worldcoin , a groundbreaking protocol designed to be the world’s largest identity and financial public network, promises an open and accessible future for individuals across the globe, regardless of their nationality, background, or financial status.

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Data Science Dojo

SEPTEMBER 18, 2023

Learn about -> Top 7 Generative AI courses Legal services: The legal field is on the brink of transformation as Generative Artificial Intelligence takes center stage. Financial analysts are witnessing the gradual erosion of their roles as AI systems prove adept at data analysis, underwriting processes, and routine customer inquiries.

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Data Science Dojo

MAY 5, 2023

The purpose of this blog is to provide a comprehensive overview of Unbiggen AI and its capabilities. The blog will cover the key features of Unbiggen AI, its advantages over other AI solutions, its applications in different industries, and how it works.

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IBM Journey to AI blog

MARCH 27, 2024

This article explores an innovative way to streamline the estimation of Scope 3 GHG emissions leveraging AI and Large Language Models (LLMs) to help categorize financial transaction data to align with spend-based emissions factors. Why are Scope 3 emissions difficult to calculate? This is where LLMs come into play.

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Towards AI

OCTOBER 20, 2023

The “Meta” name is associated with the “Metaverse,” which has proven to be highly unsuccessful regarding financials, the company’s image, growth strategy, and innovation. Sure, they continue to make tons of money through Facebook and Instagram advertisements, so… Read the full blog for free on Medium. A disaster, in short.

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Explosion

FEBRUARY 15, 2023

A Prodigy case study of Posh AI's production-ready annotation platform and custom chatbot annotation tasks for banking customers.

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IBM Journey to AI blog

AUGUST 17, 2023

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. This technology has numerous potential applications in the financial services industry, supply chain management, voting systems and more. According to the World Bank, around 1.7

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Towards AI

MAY 3, 2024

Unlock the Secrets of Stock Market Forecasting with Python’s PMDARIMA LibraryStock Prediction(Source: By Author) Predicting stock market prices is a challenging yet crucial task for investors and financial analysts. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming a sponsor.

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Towards AI

APRIL 3, 2024

The direct and indirect impact of sensitive data breaches especially when sensitive data is involved can have significant financial consequences on organizations. On a… Read the full blog for free on Medium. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming a sponsor.

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IBM Journey to AI blog

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

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