SmartStream Introduce a New Artificial Intelligence Module to Capture Missed Payments and Receipts

#artificialintelligence

The new TLM Cash and Liquidity Management, AI and machine learning module is an important development for any financial institution with a treasury department, with its ability to predict when credit is going to arrive; giving the treasurer more control over cash-flows. The proprietary algorithm uses the data and predicts the forecasted settlement time of receipts on an intraday basis. The core of the module is underpinned by sophisticated machine learning technology that continuously improves, meaning the predictions become more accurate and treasurers can make more informed decisions. Nadeem Shamim, Head of Cash & Liquidity Management, SmartStream, says: "Things are going to get tighter in terms of managing liquidity. Collateral is expensive, capital is expensive and there is currently a big drive to reduce excessive use of capital – this is an area where AI and predictive analytics can manage liquidity buffers more efficiently and that can result in significant savings".


World's first AI university sees strong demand from students

#artificialintelligence

The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the first graduate-level, research-based artificial intelligence (AI) university in the world, has received immediate interest from graduate students across the globe. So far, 3,200 students have started the application process, including 1,681 potential students in the last step of their application process and 234 completing their applications within the first week of the university's launch on October 16. The majority of applications were received from the UAE, Saudi Arabia, Algeria, Egypt, India, and China, a statement said. Dr Sultan Ahmed Al Jaber, UAE Minister of State and chairman of the MBZUAI board of trustees, said: "The level of interest in such a short time is a very encouraging sign. MBZUAI is attracting prospective students from around the world, affirming the UAE leadership's vision of investing in human potential and enabling societies through knowledge and education to find practical solutions to some of the biggest challenges in the world, and further establishing the UAE and Abu Dhabi as a global hub for innovation and higher education."


They Dreamed Of Being Doctors. Now They Help Syrians With The Same Dream

NPR Technology

They had big dreams to be doctors. But there was no way it could happen. They were living in the middle of the Iran-Iraq war, studying in classrooms set up in tents. "We thought we were forgotten," says Kamiar Alaei. But that was a long time ago.


jupyter/jupyter

@machinelearnbot

Recitations from Tel-Aviv University introductory course to computer science, assembled as IPython notebooks by Yoav Ram. Exploratory Computing with Python, a set of 15 Notebooks that cover exploratory computing, data analysis, and visualization. No prior programming knowledge required. Each Notebook includes a number of exercises (with answers) that should take less than 4 hours to complete. Developed by Mark Bakker for undergraduate engineering students at the Delft University of Technology.


Udacity launches self-driving car nanodegree

ZDNet

The online education company Udacity is partnering with major companies in the field of autonomous vehicles to launch a nanodegree program for those interested in becoming a self-driving car engineer. "It is the first and only program of its kind where most people with an internet connection--from Detroit to Damascus and from Adelaide to Aleppo--can learn the skills they need to work in one of the most amazing fields of our time," Udacity founder and president Sebastian Thrun wrote in a blog post. The course, which spans three 12-week terms, covers deep learning, computer vision, sensor fusion, localization and controllers. Four major partners have committed to fast-tracking the nanodegree graduates into positions around the world: Mercedes-Benz, Nvidia, Otto (recently acquired by Uber) and Didi Chuxing. Thrun promised that more partners will be added to that list.