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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) …

How a UK-based bank used AI to increase operational efficiency

#artificialintelligenceOct-28-2019, 04:32:45 GMT

This guidance is part of a wider collection about using artificial intelligence (AI) in the public sector. The SQ team is responsible for reviewing the sale of financial products for regulatory compliance. Currently the team is required to check a sample of 10% to 15% of completed sales. A team of 120 reviewers had to look at more than 10 different data sources and 180 data points to find and extract the information they needed to complete the audit. Each review took around 4 hours.

artificial intelligence, increase operational efficiency, uk-based bank, (8 more...)

#artificialintelligence

Country: Europe > United Kingdom (0.85)

Industry: Government > Regional Government > Europe Government > United Kingdom Government (0.40)

Technology: Information Technology > Artificial Intelligence > Applied AI (0.90)

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