AITopics | onebanc

Collaborating Authors

onebanc

Information about AI from the News, Publications, and Conferences

Automatic Classification – Tagging and Summarization – Customizable Filtering and Analysis

If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …

AI-based advanced analytics is making credit, debit cards smarter

#artificialintelligenceApr-4-2022, 00:55:05 GMT

For instance, Philadelphia-based fintech firm cred.ai, The card was licenced by payments network Visa and issued by Wilmington Savings Fund Society, FSB. The credit optimizer tool uses an AI algorithm to improve the user's debt-to-credit ratio, which accounts for up to 30% of a FICO score that evaluates a person's creditworthiness in the US. Apple, too, uses AI to determine a user's credit limit on the Apple Card. Closer home, Gurugram-based fintech firm OneBanc has developed a card to connect various banking systems.

credit card, onebanc, payment, (11 more...)

#artificialintelligence

Country:

North America > United States (0.26)
Asia > India > Karnataka > Bengaluru (0.06)

Industry:

Banking & Finance > Loans (0.57)
Banking & Finance > Credit (0.41)

Technology:

Information Technology > e-Commerce > Financial Technology (1.00)
Information Technology > Artificial Intelligence (1.00)
Information Technology > Data Science > Data Mining > Big Data (0.40)

Add feedback