Dataconomy

MAY 31, 2023

Amidst this pursuit for excellence, a transformative concept has emerged – Solution as a Service (SolaaS). What is Solution as a Service (SolaaS)? An innovative use of cloud computing, “Solution as a Service” involves the delivery of an entire IT solution rather than its individual components.

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Data Science Dojo

SEPTEMBER 17, 2023

Fraud Detection and Risk Assessment AI brings an exceptional skill to the table – the ability to detect irregular patterns within financial data. This plays a pivotal role in ensuring the financial integrity of our organizations. Data Security: With AI’s capabilities come concerns about safeguarding sensitive financial data.

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Dataconomy

FEBRUARY 21, 2024

Created by a team including Reliance Industries Ltd and top Indian Institutes of Technology (IITs), backed by Mukesh Ambani , it is a special computer program that can understand and talk in many Indian languages. This targeted approach can lead to the development of solutions that are better suited to the needs of the Indian population.

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IBM Journey to AI blog

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Banks want to tap into these new innovations.

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IBM Journey to AI blog

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

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Dataconomy

AUGUST 8, 2023

The pioneering cryptocurrency has captivated the financial world since its inception in 2009. In this article, we will explore the journey of Bitcoin and how it has transformed the financial landscape, becoming a game-changer in the world of finance. The investment and speculative aspects of Bitcoin cannot be ignored either.

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Dataconomy

MAY 23, 2023

The advent of edge computing is poised to have a significant influence on various industries, exerting its effect on both current and forthcoming verticals. It offers a distributed computing infrastructure that extends processing power and intelligence to the network edge, enabling the deployment of innovative applications and services.

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Smart Data Collective

SEPTEMBER 19, 2022

The industry is growing at a remarkable rate due to this new technology. billion on financial analytics by 2030. Big Data is the collection and processing of huge volumes of different data types, which financial institutions use to gain insights into their business processes and make key company decisions.

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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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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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Dataconomy

JANUARY 5, 2024

That is why the prestigious World Future Awards pays great attention to scrutinizing the most advanced industries and selecting the best companies that bring a more comfortable and safer tomorrow with their products and services.

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Dataconomy

MARCH 27, 2024

AI has transformed many industries, from automating repetitive work to enabling data-driven decisions. AI impact on business sectors AI is now in almost all industries, from finance to healthcare. AI can detect fraud in the financial industry. This allows for immediate intervention and prevents financial losses.

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Dataconomy

FEBRUARY 28, 2024

Formerly identified as AmerisourceBergen, Cencora plays a key role in the pharmaceutical industry by providing drug distribution and healthcare solutions to doctor’s offices, pharmacies, and animal health services. The Cencora data breach resulted in unauthorized access and theft of data from its corporate IT systems.

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phData

JANUARY 24, 2024

And that’s where Fivetran comes in – the data connector solution changing how financial services organizations manage their data. In this blog, we will cover why Fivetran has become such a vital tool for the financial industry, along with our top picks for the Top 5 Fivetran Connectors for Financial Services.

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Dataconomy

AUGUST 1, 2023

Blockchain technology has emerged as a transformative force, revolutionising industries, and paving the way for new possibilities in the digital landscape. Crypto asset classification: In March 2018, BaFin released a classification of cryptocurrencies as financial instruments.

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IBM Journey to AI blog

MAY 8, 2024

At IBM Cloud, we are committed to helping enterprises across industries leverage hybrid cloud and AI technologies to help them drive innovation. For those in even the most highly regulated industries, we have seen these challenges continue to grow as they navigate changing regulations.

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Dataconomy

JULY 26, 2023

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

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Becoming Human

MAY 9, 2024

Where interpreting raw financial data has become easier NLP, it is also helping us make better predictions and financial decisions. Financial data labeling with NLP is exercised with the following techniques; Sentiment analysis helps understand the sentiment behind investment decisions made by customers and investors.

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IBM Journey to AI blog

APRIL 5, 2024

Many industries rely on high-performance computing (HPC) to achieve this goal. As an integrated solution across critical components of computing, network, storage and security, the platform aims to assist enterprises in addressing regulatory and efficiency demands.

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IBM Journey to AI blog

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

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Dataconomy

DECEMBER 4, 2023

OpenAI, Antropic, and Tempus are some of the companies that have become a beacon of hope for investors thanks to tech giants and venture capitalists keeping a close eye on the AI industry. This growth was mirrored by the semiconductor industry This trend has been mirrored by the semiconductor industry, which saw a growth of $4.5

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Data Science Connect

JULY 24, 2023

The financial sector is undergoing a paradigm shift, fueled by the convergence of blockchain and artificial intelligence (AI) technologies. This dynamic duo promises to revolutionize the finance industry, offering transparency, security, and scalability like never before.

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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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Towards AI

APRIL 19, 2024

Generative AI companies are coming to the fore with astounding revelations that the industry is experiencing. It is time global tech giants and individuals at large understood the power that Generative AI brings along. The Global Generative AI market is projected to reach USD 66.62 billion mark by this year’s end (Statista).

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AWS Machine Learning Blog

MAY 9, 2024

The rapid advancements in artificial intelligence and machine learning (AI/ML) have made these technologies a transformative force across industries. According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits.

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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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IBM Journey to AI blog

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. IBM Consulting is uniquely positioned to provide exceptional FinOps and TBM services, from strategic planning to operating model implementation and managed services.

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Smart Data Collective

SEPTEMBER 16, 2022

Therefore, companies developing fintech software prefer to provide customers with the necessary and, most importantly, in-demand services. In this article, we will look at the main trends in the field of fintech development services for 2022. KYC and AML systems, BNPL services. Top 5 Finetech Development Trends.

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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

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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Becoming Human

JUNE 5, 2023

Artificial Intelligence (AI) has emerged as a transformative technology across various industries, and banking is no exception. By leveraging AI capabilities, banks can analyze vast amounts of data, identify patterns, and generate valuable insights that aid in delivering personalized services and streamlining various financial processes.

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Dataconomy

JANUARY 10, 2024

Fidelity National Financial (FNF), a big real estate services company, confirmed that hackers got their hands on data from 1.3 They’re offering credit monitoring and identity theft services, suggesting that personal and sensitive information might be at risk. Here are all the details about the FNF data breach!

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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

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

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Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Automated Customer Service & Chatbots. A crucial decision is needed in many financial sectors.

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IBM Journey to AI blog

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

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Dataconomy

APRIL 9, 2024

Underpinning the country’s strategy is smart legislation promoting the cryptocurrency industry’s expansion by officially recognizing cryptocurrencies like Bitcoin as payment options. Thanks to this basis, cryptocurrency is a logical next step for Japan’s financial transactions.

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