AI Articles and Analysis in Finance

Explore articles and analysis related to artificial intelligence in finance, including coverage of banking, insurance, fintech, and more.

AI Search Applications in Finance - Insights from Customer Interactions

AI Search Applications in the Financial Sector – Insights from Customers Interactions

The financial sector has been an early adopter of AI. It is likely that the use of algorithms in trading and the fact that most large financial firms already have teams of software developers aided the transition into data science and AI applications in the industry.

Predictive Analytics in Banking - Current Applications

Predictive Analytics in Banking – 4 Current Use-Cases

AI applications for the banking and finance industry include various software offerings for fraud detection and business intelligence. There are also predictive analytics applications outside of these that help banks automate financial processes and services that they offer their customers and provide internal analytics.

Artificial Intelligence-Based Fraud Detection in Insurance

Artificial Intelligence-Based Fraud Detection in Insurance

In recent years, the demand for greater cybersecurity has risen even among the everyday citizen. This is especially true for one’s personal and financial information, which fraudsters are constantly finding new methods of breaching accounts to find. This need for security has also risen in insurance, and numerous AI firms are selling claims fraud detection solutions to the insurance sector.

AI at Visa - Current Projects and Services

Artificial Intelligence at Visa – Current Use Cases and Services

Applications for artificial intelligence technology within the financial industry are most often focused on document search and fraud detection. This is especially true for large credit card companies such as Visa and Mastercard, who themselves provide technology to smaller businesses and card issuers.

AI for Attracting Millennial Insurance Customers - What's Possible

AI for Attracting Millennial Insurance Customers – What’s Possible

Machine learning has far-ranging applications in the finance space broadly from document digitization to document search, chatbots to fraud detection. The insurance space in particular, however, stands to benefit from AI and machine learning applications in a few unique ways. They could help insurance firms with a challenge that’s at the forefront of the insurance world: attracting and meeting the needs of millennial customers.

How Natural Language Processing Will Impact Brick-and-Mortar Banking

How Natural Language Processing Could Impact Brick-and-Mortar Banking

In recent years, there seems to be a sense of urgency for banks to go digital and expand into new communication channels. In ten years time, physical brick and mortar banking might not be the preference of the majority of customers. To attract younger millennial customers, banks seem to be realizing the need to understand their preferences and interact with them in the way they want to be communicated with.

Artificial Intelligence at Mastercard - Current Projects and Services

Artificial Intelligence at Mastercard – Current Projects and Services

Banks and financial institutions are particularly opaque when it comes to how they implement and leverage AI for their business. Mastercard is a key example of this because they use most of their AI applications internally and have only recently begun to make their technology more transparent to the greater financial industry.

Artificial Intelligence in Finance - a Comprehensive Overview

Artificial Intelligence in Finance – a Comprehensive Overview

The finance sector has proven itself an early adopter of AI in comparison to other industries. As such, the applications of artificial intelligence and machine learning in finance are myriad. Traders, wealth managers, insurers, and bankers are likely well aware of this in some form.

Finance

Explore articles and analysis related to artificial intelligence in finance, including coverage of banking, insurance, fintech, and more.