Goto

Collaborating Authors

Banking & Finance


Is AI the Secret Behind Indian Start-ups Making it into Unicorns Club?

#artificialintelligence

India is a breeding ground for many industries. The increase in educated population and the run towards growth has unraveled technology into the country. Today, technology is a core element of growth in the Indian ecosystem. While well-established companies are embracing artificial intelligence for further improvement, Indian start-ups are ballooning like never before. Fortunately, technology-based Indian start-ups landscape has evolved to become the 3rd largest in the world.


Financial Engineering and Artificial Intelligence in Python

#artificialintelligence

Have you ever thought about what would happen if you combined the power of machine learning and artificial intelligence with financial engineering? Today, you can stop imagining, and start doing. This course will teach you the core fundamentals of financial engineering, with a machine learning twist. We will learn about the greatest flub made in the past decade by marketers posing as "machine learning experts" who promise to teach unsuspecting students how to "predict stock prices with LSTMs". You will learn exactly why their methodology is fundamentally flawed and why their results are complete nonsense.


The Future of AI in Insurance - Insurance Thought Leadership

#artificialintelligence

Organizations hoping to deploy artificial intelligence have to know what problems they're solving -- no vague questions allowed. Artificial intelligence (AI) and machine learning have come a long way, both in terms of adoption across the broader technology landscape and in the insurance industry specifically. That said, there is still much more territory to cover, helping integral employees like claims adjusters do their jobs better, faster and easier. Data science is currently being used to uncover insights that claims representatives wouldn't have found otherwise, which can be extremely valuable. Data science steps in to identify patterns within massive amounts of data that are too large for humans to comprehend on their own; machines can alert users to relevant, actionable insights that improve claim outcomes and facilitate operational efficiency.


Microsoft's Acquisition of Nuance Communications: A Second Go at Language Processing

#artificialintelligence

Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: the history of Nuance's Dragon brand, J&J vaccine halted, Jack Ma capitulates, and W. Brian Arthur on "Economics in Nouns and Verbs." To sign up for the Capital Note, follow this link. Dragon 2.0 Yesterday, Microsoft announced a $16 billion acquisition of language-processing firm Nuance Communications, the latest in a string of big-ticket deals closed by CEO Satya Nadella, who spearheaded the purchases of LinkedIn and Github, among others. With the addition of Nuance's cutting-edge language-processing technology (the lion's share of which is in the health-care sector), Microsoft hopes to beef up its enterprise cloud offering.


Israel's first digital bank begins operations, heralding 'artificial intelligence revolution'

#artificialintelligence

The digital bank founded by Prof. Amnon Shashua, among the founders of the self-driving auto-tech company Mobileye, officially began operations on Sunday, promising to shake up the Israeli banking sector and inject badly needed competition. First Digital Bank, Israel's first new banking institution in 43 years, aims to use artificial intelligence and other technology to create a personal ambiance without the actual human contact that comes with neighborhood branches. "Netflix killed off Blockbuster, Spotify disrupted the music industry and Tesla has left Ford and Mitsubishi in the dust. Banking is one of the few industries that hasn't undergone a revolution. Big, long-standing names control the market with too little competition and offer exactly the same products," said First Digital Bank's CEO, Gal Bar-Dea.


Katz School of Science and Health Will Offer M.S. in Artificial Intelligence

#artificialintelligence

In Yeshiva University's engineering-focused M.S. in Artificial Intelligence (AI), offered by the Katz School of Science and Health, students will learn the key skills most valued in today's marketplace, including machine learning and deep neural networks, along with cutting-edge technologies such as reinforcement learning, voice recognition and generation, and image recognition and generation. In the program's project-based courses, students will build systems, models and algorithms using the best available artificial intelligence design patterns and engineering principles, all done in the heart of Manhattan, a global epicenter for artificial intelligence work and research. Prof. Andrew Catlin is the program director for the AI program, with a background as a data scientist and production systems developer who has worked with such major clients as Fidelity Investments; Smart Money; Donaldson, Lufkin and Jenrette; Manufacturers Hanover Trust; and the National Football League. He is also a founder of multiple tech startups, including Hudson Technology and Metrics Reporting. He teaches graduate courses in recommender systems, natural language processing and neural networks, among others.


The EU is considering a ban on AI for mass surveillance and social credit scores

#artificialintelligence

The European Union is considering banning the use of artificial intelligence for a number of purposes, including mass surveillance and social credit scores. This is according to a leaked proposal that is circulating online, first reported by Politico, ahead of an official announcement expected next week. If the draft proposal is adopted, it would see the EU take a strong stance on certain applications of AI, setting it apart from the US and China. Some use cases would be policed in a manner similar to the EU's regulation of digital privacy under GDPR legislation. Member states, for example, would be required to set up assessment boards to test and validate high-risk AI systems.


Io-Tahoe: Enabling Industries to Transform Their Data Pools into Enterprise Knowledge

#artificialintelligence

Io-Tahoe is a leading Intelligent Automation (IA) software provider designed to accelerate valuable knowledge from across fragmented enterprise data. The proven Io-Tahoe IA Suite provides comprehensive services to build enterprise-scale automation to manage and govern the entire data value chain more efficiently and cost-effectively than alternative approaches. Since 2017, Io-Tahoe has built strong and long-lasting customer and partner relationships with industry leaders including Oracle, Red Hat, AWS, Google, Snowflake, and MongoDB. Io-Tahoe serves customers and developers across industries to deploy IA Workers in Banking, Insurance, Media & Telecoms, Healthcare, Government, Utilities, Retail and Energy. By providing immersive 360 view of data that needs to be applied to regulatory compliance (GHG, ESG, CSR reporting), Io-Tahoe excels in the field of data analytics.


$74,000 NYPD robot dog hits streets of Manhattan

#artificialintelligence

A robot dog joined the human members of the NYPD's response to a domestic dispute inside a public housing apartment building in Manhattan. NEW YORK - Now viral videos show -- for lack of a better term -- a robot dog joining the human members of the NYPD's response to a domestic dispute inside a NYCHA building in Kips Bay, Monday. "I can't believe what I'm seeing," 344 E. 28th St. Tenant Association President Melanie Aucello said. Aucello shot one of those viral videos on her smartphone and compared the scene she witnessed to something out of a dystopian movie. "It scared me," she said.


The Top 20 Machine Learning Startups To Watch In 2021

#artificialintelligence

Throughout 2020, venture capital firms continued expanding into new global markets, with London, New York, Tel Aviv, Toronto, Boston, Seattle and Singapore startups receiving increased funding. Out of the 79 most popular A.I. & ML startup locations, 15 are in the San Francisco Bay Area, making that region home to 19% of startups who received funding in the last year. Israel's Tel Aviv region has 37 startups who received venture funding over the last year, including those launched in Herzliya, a region of the city known for its robust startup and entrepreneurial culture. The following graphic compares the top 10 most popular locations for A.I. & ML startups globally based on Crunchbase data as of today: Augury – Augury combines real-time monitoring data from production machinery with AI and machine learning algorithms to determine machine health, asset performance management (APM) and predictive maintenance (PdM) to provide manufacturing companies with new insights into their operations. The digital machine health technology that the company offers can listen to the machine, analyze the data and catch any malfunctions before they arise.