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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) …

Machine learning mostly used to fight fraud among UK financial firms

#artificialintelligenceOct-17-2019, 19:45:51 GMT

Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it. That is according to two of the UK's top financial regulators. The Financial Conduct Authority (FCA) and the Bank of England have taken a deep dive into how the financial services industry in the country is using machine learning. The research is based on a survey sent out to 300 firms, including banks, credit brokers, e-money institutions, financial market infrastructure firms, investment managers, insurers, non-bank lenders and principal trading firms.

artificial intelligence, machine learning, uk financial firm, (3 more...)

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Country: Europe > United Kingdom > England (0.32)

Industry:

Banking & Finance > Financial Services (1.00)
Government > Regional Government > Europe Government > United Kingdom Government (0.65)

Technology: Information Technology > Artificial Intelligence > Machine Learning (1.00)

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