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 Rule-Based Reasoning


Rules-based Vs. Advanced Analytics โ€“ Do You Have to Choose?

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These terms are heard with increasing frequency in the compliance space as solution providers seek new ways to evolve technology offerings to get ahead of compliance challenges. But does this mean that rules-based testing should be completely abandoned in favor of newer technology, or become their poor second cousin? In real-life implementations, this is simply not practical. Here are a few reasons why. Let's use a fairly simple use case to explain.


Using Artificial Intelligence To Analyze Markets: An Interview With Ainstein AI CEO Suzanne Cook

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To learn more about the use of artificial intelligence at it may be applied to analyzing stocks and markets, I asked the CEO and originator of Ainstein AI about her work in this area. Suzanne Cook is a Wharton School graduate and a seven-time Institutional Investor All Star Analyst. Cook anticipates a new golden era of research - high frequency automated research - thanks to the trifecta of (1) cloud - cheaper and more accessible computing, (2) scale analytics - unifying vastly expanded data sets, and (3) autonomous pattern recognition via artificial intelligence." Here's how our conversation went: John Navin: When artificial intelligence experts talk about "natively intelligent portfolios," what exactly are they referring to? Suzanne Cook: Let's compare natively intelligent portfolios to the current portfolio offerings โ€“ not smart (analytics not built in), not in the cloud and not intuitive, as they lack visualizations.


Machine Learning Zero to Hero (Google I/O'19)

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This is a talk for people who know code, but who don't necessarily know machine learning. Learn the'new' paradigm of machine learning, and how models are an alternative implementation for some logic scenarios, as opposed to writing if/then rules and other code. This session will guide you through understanding many of the new concepts in machine learning that you might not be familiar with including eager mode, training loops, optimizers, and loss functions.


Machine Learning: Rules vs. Models in AML Platforms Feedzai

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Fueled by mobster movies and international espionage thrillers, the phrase has a mysterious, exciting edge to it. But as is often the case, the truth is far less appealing than the glitzy Hollywood version. In reality, money laundering is an activity that traps 40.3 million people in modern slavery, fuels political unrest, and finances terrorism across the globe. Considering the consequences, it's no wonder governments enact AML regulations. These regulations have honorable and important intentions, but there's no denying the ever-evolving compliance headaches they create for financial institutions.


Using Artificial Intelligence To Analyze Markets: An Interview With Ainstein AI CEO Suzanne Cook

#artificialintelligence

To learn more about the use of artificial intelligence at it may be applied to analyzing stocks and markets, I asked the CEO and originator of Ainstein AI about her work in this area. Suzanne Cook is a Wharton School graduate and a seven-time Institutional Investor All Star Analyst. Cook anticipates a new golden era of research - high frequency automated research - thanks to the trifecta of (1) cloud - cheaper and more accessible computing, (2) scale analytics - unifying vastly expanded data sets, and (3) autonomous pattern recognition via artificial intelligence." Here's how our conversation went: John Navin: When artificial intelligence experts talk about "natively intelligent portfolios," what exactly are they referring to? Suzanne Cook: Let's compare natively intelligent portfolios to the current portfolio offerings โ€“ not smart (analytics not built in), not in the cloud and not intuitive, as they lack visualizations.


How do you design ML models for malicious network detection?

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Machine Learning (ML) has found its place into cybersecurity a long time ago and usage of ML has given cybersecurity teams much-needed insights into the malware network and effective ways to curb cyber attacks. Most ML-based solutions are proprietary or designed for specific feature representations. In 2017, one of the most prominent credit reporting agencies (CRA) of the United Statesโ€“ Equifax, suffered a huge malicious attack that led to a data breach that is famous for all the wrong reasons. Personal and sensitive data worth 148 million was lost to a data breach. Such data breach and data risks are still prevalent irrespective of the endpoint protection and other monitoring techniques deployed by enterprises worldwide.


Current patent laws are inadequate for Artificial Intelligence-related Intellectual Property: Report

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MUMBAI: A report published by India's largest software exporter, Tata Consultancy Services, in association with Confederation of Indian Industry, found that despite the evolution of patent laws, the increasing proliferation of artificial intelligence across the world necessitates new policies for the enforcement of intellectual property rights. "Current patent laws treat AI software inventions as logical algorithms implemented on the computer. While patent eligibility of algorithms is valid, there is little about how to deal with inventions that are heuristic in nature," the report found. In artificial intelligence a'heuristic' is a technique used to solve a problem faster than classic methods. Software is no longer limited to traditional rule-based systems and has increasingly turned heuristic, showing higher intelligence over rule-based systems, it cited.


Micro Focus' Rob Roy: Machine Learning, Cloud Tech Could Aid in Gov't Cybersecurity - GovCon Wire

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Rob Roy, public sector chief technology officer at Micro Focus Government Solutions, has said machine learning and cloud platforms could help government agencies protect their networks from cybersecurity breaches and achieve efficiency. Roy wrote how unsupervised machine learning could assist agencies in detecting anomalous user behavior. "Unlike the rules-based approach, unsupervised machine learning lets the technology develop an understanding of how the network's users typically behave and alert administrators when something abnormal occurs, increasing the likelihood that a rogue event is detected and a response is orchestrated at machine speed," he added. He said data scientists could help agencies sort through raw data and determine relevant information to analyze in order to address a specific problem. He also mentioned the potential benefits of migrating common business-oriented language-based mainframe applications and other legacy systems running mission-critical functions to the cloud.


Here's why machine learning is critical to success for banks of the future

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MACHINE learning is a popular buzzword today, and has been heralded as one of the greatest innovations conceived by man. A branch of artificial intelligence (AI), machine learning is increasingly embedded in daily life, such as automatic email reply predictions, virtual assistants, and chatbots. The technology is also expected to revolutionize the world of finance. While it is slower than other industries in embracing the technology, the impact of ML is already visibly significant. Most recently, HSBC said that the bank was using the technology to combat financial crime.


Machine Learning An Introduction

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Machine Learning is undeniably one of the most influential and powerful technologies in today's world. More importantly, we are far from seeing its full potential. There's no doubt, it will continue to be making headlines for the foreseeable future. This article is designed as an introduction to the Machine Learning concepts, covering all the fundamental ideas without being too high level. Machine learning is a tool for turning information into knowledge.