Machine Learning

Machine Learning news: ML is fundamental in business intelligence. Perform tasks without instructions; only requiring a goal. Quantum ML is the future.

AI/ML and fraud detection

AI/ML and fraud detection

  By FintechNews Staff   -Banking and finance are regularly targeted by cyber hackers, so fraud detection is the area where artificial intelligence can increase the protection...
How AI is affecting Fintech

How AI is affecting Fintech

  By FintechNews staff The FinTech industry is distinguished by its high degree of innovation within a complex ecosystem that includes, among others, banks, financial service...
Aussie innovators Yieldbroker turns trading AI-driven

Aussie innovators Yieldbroker turns trading AI-driven

  Yieldbroker, the leading Tier 1 licensed electronic trading platform for Australian and New Zealand debt securities and derivatives, today announced a collaboration with Sisense...
That’s why PayPal uses advanced ML to continually optimize the complex rules written by our client’s in-house fraud and data science teams, and to apply these rules to large datasets in order to spot patterns that humans may miss.

PayPal taps AI/ML in battle against fraud

  By FintechNews staff   -Artificial intelligence (AI) and machine learning (ML) are helping merchants and online platforms get smarter about detecting risk. The bad guys have...
DueDil

Umazi Collaborates with Artesian : DueDil to Automate and Accelerate SME Corporate Due Diligence

Artesian : DueDil, a leading UK Fintech tackling some of financial services biggest challenges, is pleased to announce a new partnership with enterprise digital...
WTW

WTW appoints Lou Smith to fast track digital adoption in the insurance sector

WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, has today announced that it has appointed Lou Smith in...
Machine learning and AI in travel: 5 essential industry use cases

Machine learning and AI in travel: 5 essential industry use cases

  Imagine that you are planning a trip. A few decades ago, it would take you a lot of time and effort to research destination...
AI-powered biometric authentication

AI-powered biometric authentication

  According to IBM, 20% of breaches are caused by compromised credentials. In 2021 25% of businesses have completed deployment of AI-based security, while 40% are...
Which are the Prominent Personal Finance Mobile Apps? 1. Intuit Intuit Mint is a personal finance management company formally established in 2006 by Aaron Patzer. The company operates in the U.S. and Canada with more than 20 Mn users. It offers the application for two of the most widespread operating systems - Android and iOS, which led to increase the flexibility of its services. 2. Chime Chime is a San Francisco-based Fintech company established back in 2013 by Chris Bitt and Ryan King. The company provides a connected approach through mobile apps to banking services that gives it complete control on finances. Its mobile app is available for iPhones and Android devices, and more than 10 Mn downloads have been recorded at the Google App Store. 3. Digit Digit is a wealth management app company based in San Francisco U.S. The company uses machine learning and numerous financial practices to save and invest the money of users. Digit is available on both Play Store and Apple Store. 4. Albert Albert is a wealth management application firm based in California, United States. The company offers diverse services, from budgeting, saving, investing, and financial advisory. Albert can be used on iOS and Android-based devices. 5. Prism Prism is a bill management and bill payment platform that offers to pay bills on multiple platforms and delivers financial well-being. The company has more than 30 Mn users and thousands of financial institutions. Prism also offers personal budgeting to its users and is available for iOS and Android devices

Overall time spent on investment and trading apps increased Y-o-Y more than 50% in...

By FintechNews staff   Increasing penetration of smartphones and the Internet across the globe is likely to augment demand over the coming years. Currently, global penetration...
5G: a new digital era for banking and finance

5G: a new digital era for banking and finance

  Today, all it takes is one tap on a smartphone screen to make purchases, pay bills or view the latest bank statement. This is...

Latest article

Tokenization and real-world assets take center stage

Tokenization and real-world assets take center stage

Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies. By Peter Gaffney The asset tokenization and real-world asset...
ousourcing

Fintech Outsourcing United States: Cynergy BPO – Why Onshore Support Still Reigns Supreme

In the complex world of financial technology, the strategic decision between onshore, nearshore, and offshore outsourcing profoundly impacts a fintech company's operations. Amidst these...
Unveiling 2024’s hottest and trending Meme Coins: ApeMax, DogeCoin, Shiba Inu, Bonk, and Pepe

Unveiling 2024’s hottest and trending Meme Coins: ApeMax, DogeCoin, Shiba Inu, Bonk, and Pepe

The original meme coin, Dogecoin, was born out of the desire to have a fun alternative to Bitcoin. Now, in 2024, meme coins do...