AI Sector Overviews Articles and Reports

Artificial intelligence “sector overview” reports are designed to help business leaders explore the possibilities and important AI trends across industries. Search our sector overview reports below:

How to Use AI to Digitize Loan Processing - A Brief Overview

How to Use AI to Digitize Loan Processing – A Brief Overview

Many large banks and financial institutions are beginning to digitize parts of their business processes to prepare for future initiatives in automation and machine learning. This is particularly true with loan processing. These functions could become faster and more accurate if they use digitized data that is more easily accessible than paper documents.

Voice Recognition in Healthcare - A Brief Overview

Voice Recognition in Healthcare – A Brief Overview

In this brief overview, we run through several use-cases for voice recognition software in the healthcare industry. Voice recognition software, built on natural language processing (NLP) algorithms, primarily finds a home in the doctor's office. Physicians use it to dictate their notes into their healthcare network's system or update patient electronic medical records (EMR).

Artificial Intelligence at Wells Fargo - A Brief Overview

Artificial Intelligence at Wells Fargo – A Brief Overview

Wells Fargo has begun a number of AI initiatives, some they've created in-house and some they've created with help from vendors. In this article, we detail the following AI initiatives at Wells Fargo:

AI-Enabled Marketing in Finance - Current Applications

AI-Enabled Marketing in Finance – Current Applications

It can be difficult for financial institutions to keep up with the rapid changes in the digital marketing and advertising landscape. There are numerous factors which are susceptible to change, and they all have an effect on how useful certain marketing strategies are. As the internet and advertising evolve, some companies may find it important to consider an automated solution to driving efficiency in marketing.

Top 5 Most Well-Funded AI Startups In Banking - Common Themes

Top 5 AI Startups in Banking by Funding – A Brief Overview

There are numerous AI vendors servicing the banking industry, but many of them lack the kind of funding that these five vendors have raised. In this article, we run through the top 5 AI vendors in banking by funding according to information on Owler. We provide an overview of their products and the AI tech that makes them possible.

Artificial Intelligence for Anti-Money Laundering - An Analysis of Solutions

Artificial Intelligence for Anti-Money Laundering – An Analysis of Solutions

Money laundering is a financial fraud method unique to what AI vendors and other solutions providers refer to in their “fraud detection” offerings. This is because the technique centers on making fraudulent money transfers that appear to be validated by two willing parties.

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Anomaly Detection in Banking – An Analysis of 2 Top Vendors

Several high-profile banks are leveraging anomaly detection solutions for fraud and anti-money laundering. While some banks and AI firms provide information on how their solution works or how their chosen solution worked for them, it can be hard to determine which ones are successful today. 

7 Chatbots in the Financial Industry - Paypal, Kasisto, and More

7 Chatbots in the Financial Industry – Paypal, Kasisto, and More

Many financial institutions are experimenting with chatbots both for general customer service and for offering new and better financial services to their customers. In addition to banks and insurance companies, other types of financial services companies can benefit from this type of application as well. Financial customers can now check the status of their loan applications and stock portfolios and request refunds using AI-powered conversational interfaces.