Banking & Finance


TelexAI Takes Cryptocurrency Trading to the Next Level with an AI Chatbot

#artificialintelligence

As momentum continues to build in the initial coin offering market, there are some particularly innovative products that are looking to raise funds through the ICO market. One that has garnered the attention of late is TeleX AI. Unlike the advancements made in the traditional financial markets, the cryptomarket has yet to see the trading platform evolution. Telex AI is looking to change that. The team at TeleX AI has developed a trading platform that sits on an instant messenger application known as Telegram.


The Growth And Future Of Algorithmic Trading

#artificialintelligence

Looking back to the primitive times, when fire was the greatest achievement of mankind, who could've thought in their wildest dreams about what we as humans have achieved today? Look at the speed with which information can travel across the planet. Today, Algorithmic trading is amongst the most talked about technologies in the recent years. It has given trading Firms more power in the rapidly evolving markets by eliminating human errors and changing the way Financial markets are interlinked today. We are curious to know many other factors pertaining to the subject.


[slides] @MapR's Data First Approach @CloudExpo #BigData #AI #Analytics

@machinelearnbot

To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first approach is fundamentally different from traditional applications. He covered examples of how leading companies have identified ways to simplify data streams in a publish-and-subscribe framework (for example, how focusing on a stream of electronic medical records simplified the deployment of real-time applications for hospitals, clinics, and insurance companies). He also detailed how a data-first approach can lead to rapid deployment of additional real-time applications as well as centralize and simplify many data management and administration tasks.


Q&A: Famed economist Henry Kaufman says robots are 'greatest challenge' to workers

USATODAY

The S&P 500 is up 21% since Election Day. Henry Kaufman, 90, the renowned economist, former managing director at Wall Street firm Salomon Brothers and author of Tectonic Shifts In Financial Markets, shared his views with USA TODAY on the future of the American worker, tax cuts and the middle class, the retirement savings crisis and the risks facing computer-driven markets. Kaufman is president of Henry Kaufman & Company, an economic and financial consulting firm established in 1988. USA TODAY: Robots are invading the workplace. Is technology a threat to middle-class workers? KAUFMAN: The greatest challenge that workers face and we as a society face is that labor over a longer period of time will become more and more obsolete.


[video] Integrating IoT with Evatronix @ThingsExpo #AI #IoT #M2M #Sensors

@machinelearnbot

"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv CloudExpo DXWorldEXPO have announced the conference tracks for Cloud Expo 2018, introducing DXWorldEXPO. DXWordEXPO, colocated with Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DXWorld Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.


AI sees promising application prospects

#artificialintelligence

The artificial intelligence (AI) sector attracted US$30 billion in investments worldwide last year. China alone spent US$8 billion in the AI space. The staggering figures highlighted the rapid growth of the data industry and value recognition of big data and AI. It's widely expected that AI will bring huge efficiency benefits to many industries. For instance, big data can be utilized in retail not only for predicting and analyzing sales.


How Fintech Companies are disrupting the Capital Markets Space

#artificialintelligence

The investment Banking Industry is in the state flux. Digital revolution, increased regulation, and seismic shifts, the industry is now aware of the threat that they have been trying to stay ahead. Everyone knows the era of transformation has been underway for over a decade now. Technology now serves as Value proposition in Capital Markets Industry. What is the digital disruption that is affecting banking and other financial services?


Blockchain, Bitcoin and Artificial Intelligence 1.0: All you need to know

#artificialintelligence

Blockchain, Bitcoin and Artificial Intelligence may be buzzwords, but it's important for corporates, startups, and individuals to make sense of these technologies of the future. A startup founder comes up and says, "I invested Rs 40,000 in Bitcoin; it has now doubled." Two days later, a friend says, "I want to invest my savings in Bitcoin." This is followed by an engineer, asking: "Will artificial intelligence take away my job?" There is a lot of science fiction in parallel to realities that encompass Blockchain, Bitcoin and Artificial Intelligence.


Blockchain, Bitcoin and Artificial Intelligence 1.0: All you need to know

#artificialintelligence

Blockchain, Bitcoin and Artificial Intelligence may be buzzwords, but it's important for corporates, startups, and individuals to make sense of these technologies of the future. A startup founder comes up and says, "I invested Rs 40,000 in Bitcoin; it has now doubled." Two days later, a friend says, "I want to invest my savings in Bitcoin." This is followed by an engineer, asking: "Will artificial intelligence take away my job?" There is a lot of science fiction in parallel to realities that encompass Blockchain, Bitcoin and Artificial Intelligence.


The advantages of using AI in Insurance Expert System

#artificialintelligence

Keeping up with the speed at which data is generated on a daily basis and our need to extract insight from that data requires powerful and innovative technology that can understand what is contained in information beyond keyword matching. Thousands of claims, customer queries and large amounts of diverse data make the insurance industry a natural use case for artificial intelligence and cognitive technologies. A recent study from Tata Consultancy Services reported that the insurance sector has invested $124 million in AI, compared to an average of $70 million invested by other industries. From customer service to claims processing, AI is frequently cited as a disruptive force in the insurance sector. In this post, we will look at some of the most common applications of of AI in the insurance industry.