7 Uses of Machine Learning in Finance and FinTech - Ignite Ltd.


The value of machine learning in finance is becoming more apparent by the day. As banks and other financial institutions strive to beef up security, streamline processes, and improve financial analysis, ML is becoming the technology of choice. Unlike so many hyped technologies and overrated buzzwords, machine learning is not going away -- probably ever. The ability of computer programs to learn on their own and improve over time creates new opportunities for industries across the board. While it is true that the naturally conservative financial industry was not at the front of the line for ML adoption, machine learning in fintech is now a common phrase.