Real world Machine Learning in Fintech – deepakvraghavan – Medium

Marc Andreessen made the famous comment -- "Software is eating the world" almost 7 years ago. With the increase in the structured and unstructured data, coupled with the power of cloud computing, one can relate to the comment made by Marc. Although the use of analytics and cloud has been on the rise across many sectors, the financial services industry has seen this trend of disruptive software more than any sector in the last decade. This has led to a rise in new products and offerings in the Fintech sector. Goldman Sachs made a prediction that Fintech could displace $4.7 trillion in revenue for financial service firms.