The financial sector has been among the fastest adaptors of AI algorithms, which are well suited to the industry's complex and fast-moving …

The financial sector has been among the fastest adaptors of AI algorithms, which are well suited to the industry's complex and fast-moving environment. At last week's Re•Work AI in Finance Conference in New York, researchers and engineers from banks and academia alike shared their thoughts on current AI research and applications in the finance world. IBM has built a blockchain-based infrastructure for federated AI, enabling institutions to leverage transaction data across branches to improve decision making. Alan King is an IBM AI and Blockchain Solutions engineer. In his presentation King spoke of the advantages of using federated AI on transaction data.