Fraud has plagued the lending industry for many years. Fraudulent behavior in lending can take many forms, including identity theft, loan stacking, and money laundering. To combat these issues, lenders increasingly turn to artificial intelligence (AI) for fraud detection. … Read More
Finance
AI and ML Use Cases in Insurance Industry
Changing customer expectations, deteriorating profit margins because of traditional methods, fierce competition, and an ever-changing industry landscape push insurance companies to become innovative. Understanding the demands, the industry players have realized that technology-enabled service is the future. AI and … Read More
AI in Equity Research
An Overview of AI in Equity Research Private equity firms solely depend on data and how the data is being utilized. The more the equity research team analyzes a company’s data, the better the private equity firms can precisely predict … Read More
The Role of AI and ML in Banking
With the advent of technology and the global pandemic, the banking sector has evolved rapidly, and clients’ expectations have grown. A massive shift toward online platforms has raised contentions for a more satisfactory user interface. Given these modern technological transformations, … Read More
How can you Avoid the Increasing Challenges of Unstructured Content in Financial Services?
In recent times, financial services involve extensive unstructured data sets that are constantly increasing in complexity and variety. Given this ambiguity, it becomes challenging for businesses to manage this unstructured data in a database format. Also, the complex nature of … Read More
How Can AI Change the Audit Procedure and Ensure Compliance?
Artificial Intelligence programmes are steadily changing our personal and professional lives. You can now apply machine learning to banks, financial services and insurance industries worldwide. The focus is on delivering AI as a service and using a self-developed machine learning … Read More
Intelligent Document Processing for Banks
Intelligent Document Processing (IDP) is an AI-based technology that retrieves big data and uses machine learning to process and improve it with less human intervention. It is different from traditional stand-alone Optical Character Recognition (OCR) solutions, wherein it uses AI … Read More
Automation Process in Finance: How RPA Can Help?
With several new innovations and applications at play, the finance world is in for an exciting time ahead. Robotic process automation (RPA) is one such technology that can completely revolutionise business processes. This technology uses software robots to automate tedious … Read More
How NLP is Transforming the Finance Industry
NLP is a branch of Artificial Intelligence (AI), and with the introduction of machine learning algorithms and improved computing skills, NLP has become much more reliable and scalable. NLP tools, technologies, and APIs (application programming interfaces) are now pervasive in … Read More
Ways to Use NLP Data to Analyse Equity Research Reports
Public-company administrators in this modern business world discuss business performance and anticipations with their equity analysts on earnings calls. With the aid of technology, these earnings calls quickly get converted into transcripts that the analysts can use for their future … Read More