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Security in the Metaverse and What Banks Need to Know

#artificialintelligence

Recognised by Gartner as a "Cool Vendor in Fraud and Authentication," Arkose Labs offers an industry-first warranty on account protection. Its AI-powered platform combines powerful risk assessments with dynamic attack response that undermines the ROI behind attacks, while improving good user throughput. We caught up with the company's dynamic founder and CEO, Kevin Gosschalk to talk banking security and all things metaverse. In high school, I led a guild of 40 players taking down monsters in a game developed by Blizzard Entertainment called "World of Warcraft". Nearly 16 years later, as the founder and CEO of Arkose Labs, we protect Blizzard and many other world-class customers from fraudsters' attacks and abuse.


Ways In Which Big Data And AI Automate Recruitment Bias Audits

#artificialintelligence

At any given time, a job opening on LinkedIn receives over 250 applicants. Unilever gets around 1.8 million applications a year for measly 30K positions, and screening through a trove of data isn't child's play. It is where the company deploys AI and big data in HR to run a series of tests to trace behavioral traits and then a list of successful candidates is passed onto the human recruiters. Surprisingly, Unilever ends up hiring around 50% of those candidates. Artificial Intelligence (AI) has proven its mantle on countless occasions, making it a viable option in the recruitment process. However, both good and bad outcomes have been well-documented in the past.


Nearest-neighbor missing visuals revealed

#artificialintelligence

The unsupervised K- Nearest Neighbour (KNN) algorithm is perhaps the most straightforward machine learning algorithm. However, a simple algorithm does not mean that analyzing the results is equally simple. As per my research, there are not many documented approaches to analyzing the results of the KNN algorithm. In this article, I will show you how to analyze and understand the results of the unsupervised KNN algorithm. I will be using a dataset on cars.


How Writing SQL Could Get a Whole Lot Easier With NLQ

#artificialintelligence

What is the most intuitive, efficient, and least mentally draining way to ask a question? It is using the simplest words possible in your own language. Modern search engines such as Google has made searching for information online using simple sentences commonplace. This had helped create our modern society and improved access to information globally; it's hard to overstate how transformational the advent of the search engine truly was. However, searching for information on the internet didn't truly become democratized and popular until we could ask the internet questions using natural language in the same way we would talk to another person.


Top 15 Digital Marketing Trends you Need for 2022

#artificialintelligence

Keeping up with all of the moving parts of digital marketing can be a task. From SEO to PPC, platforms, tools, and best practices the digital landscape is changing constantly as new technologies, techniques and algorithms become available. We know that what worked the last few years may not work the same way in 2022, and to get the best possible results for your business is to stay on top of these trends. As we enter a new year and tech continues to change rapidly, it's a good time to take the opportunity to dive into the digital marketing trends you will see more of in 2022. Google announced that it would end cookie tracking in early 2022.


INFOGRAPHIC: Learn 15 Cool Facts About Machine Learning - Axellero - Software Development Agency

#artificialintelligence

Over the last few years Machine Learning became a very famous buzzword used in pretty much all cases and very often in situations where it shouldn't be used. Many comments are questioning whether it is a positive or negative technology but no matter what side ML sits it's coming. More and more companies are using ML and Ai in a way that was never used before and expectations all of us have are really big. To make ML closer to the people outside of the ecosystem I created this Infographic so that you can see how ML can actually be cool.


'The Centennial Case: A Shijima Story' succeeds as a FMV whodunnit

Washington Post - Technology News

Fortunately, the quality of writing and performances is a cut above those in many live-action games, which are often hampered by low production values. Sure, you should avoid the English dub, where attempts to lip-sync the Japanese performances lead to staccato delivery, and the tone is more "Murder, She Wrote" than "True Detective," but it uses that hokeyness deftly to aim knowing winks at genre tropes. In particular, there's a tongue-in-cheek tone to the performances, helped by a decision to redeploy many of the same actors as different characters in each period, as they really seem to relish switching from suspect in one episode to victim or killer in another. All come equipped with their finest suspicious expressions, displaying furtive glances and exaggerated shock whenever their names come up in an investigation. Especially delicious is the sequence of lingering extreme close-ups you're offered as you finally decide who to accuse, where each actor gulps, sweats and blinks nervously under the spotlight.


UK fines Clearview just under $10M for privacy breaches – TechCrunch

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The UK's data protection watchdog has confirmed a penalty for the controversial facial recognition company, Clearview AI -- announcing a fine of just over £7.5 million today for a string of breaches of local privacy laws. The watchdog has also issued an enforcement notice, ordering Clearview to stop obtaining and using the personal data of UK residents that is publicly available on the internet; and telling it to delete the information of UK residents from its systems. The US company has amassed a database of 20 billion facial images by scraping data off the public internet, such as from social media services, to create an online database that it uses to power an AI-based identity-matching service which it sells to entities such as law enforcement. The problem is Clearview has never asked individuals whether it can use their selfies for that. And in many countries it has been found in breach of privacy laws.


Bye-bye, megabank: More young adults are adopting digital banking to manage their money

ZDNet

Marc Wojno has been a writer and editor in the financial field for more than two decades. A new report published this month by data analytics firm FICO shows that a growing percentage of younger U.S. consumers -- specifically Gen X, Millennial and Gen Z groups -- consider digital banks, such as Cash App, Chime and PayPal, as their primary checking account provider, not traditional megabanks such as Bank of America, JPMorgan Chase and Wells Fargo. The report identified five competitive threats to traditional banks and credit unions, and what those companies need to do to stay competitive: Overdraft; savings and investing; buy now, pay later (BNPL); niche neobanks; and open banking. The report, Counterattack: Banks Field Guide to Fintech Disruption, in conjunction with research from Cornerstone Advisors, notes that although many US consumers are pleased with the quality and services of traditional banks and credit unions, the percentage of those three younger generations who chose fintechs over brick-and-mortars as their primary banks have doubled, at 12% of customers since 2020. FICO's report stated that for Millennials and Gen X-ers, the percentages dropped by nearly half during that same period.


Emotion recognition AI finding fans among lawyers swaying juries and potential clients

#artificialintelligence

The American Bar Association has taken greater notice of emotional AI as a tool for honing courtroom and marketing performance. It is not clear if the storied group has caught up with the controversy that follows the comparatively new field. On the association's May 18 Legal Rebels podcast, ABA Journal legal affairs writer Victor Li speaks with the CEO of software startup EmotionTrac (a subsidiary of mobile ad tech firm Jinglz) about how an app first designed for the advertising industry reportedly has been adopted by dozens of attorneys. Aaron Itzkowitz is at pains to make clear the difference between facial recognition and affect recognition. At the moment, the use of face biometrics by governments is a growing controversy, and Li would like to stay separate from that debate.