BFSI

Artificial Intelligence for the Banking Ecosystem

If there is one industry in which advanced technology has made a significant impact, it’s the finance sector. For years, the finance sector has been dominated by traditional, ‘legacy’ banks. Who’ve built a reputation for long, slow and tedious processes.

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How AI can Help in Getting Higher Returns on Investments

Putting investment into startups is a famously risky undertaking. Venture sponsored startups bomb 75% of the time, which frequently gives speculators motivation to delay when thinking about a venture into another business. Frequently, business entrepreneurs have little to go without

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Top 5 Fintech Trends that will Dominate 2020

Individuals need targets, lighthouses that guide us and round numbers are always a decent grapple. That is the reason 2020 is an enormous year of achievement at all levels, additionally in the Fintech business, and 2019 is the last year

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Pronounced Applications of Artificial Intelligence in Retail Banking

A variety of business processes under the umbrella of retail banking are the constructive consequence of AI and automation services. Not only the payment processing automation and fraud detection but banks are also getting benefitted by automated credit scoring and

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Artificial Intelligence for Audit Procedures

Artificial intelligence is a developing innovation that guarantees to be a game-changer for different enterprises. Artificial intelligence is as of now being integrated into zones as differed as driverless cars, home energy systems and investment portfolio management. Bookkeeping and auditing

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Cryptocurrency + iGaming: The Future or a Fad?

With each passing year, the cryptocurrency industry builds on the success of the previous year and continues to strengthen its position as a serious alternative to traditional fiat currencies and financial institutions. In the two and a half years since

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Five Ways AI and ML Technology Can Revolutionise the Banking Experience For Better

The cutting-edge technologies of the new age are changing the landscape of many industries. Specifically, artificial intelligence and machine learning are bringing about a lot of changes in the environment surrounding us. Both the technologies are transforming the banking sector

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Reserve Bank of India to Leverage Data Analytics for Identification of Fraud Cases

The central bank of India, RBI has decided to encourage the use of data analytics to recognize fraud cases and manage the instant response and recovery actions to it. The move is a part of RBI’s vision 2019-21 for payments

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Big Data in Banking, all that You Should Know

Banking and the Financial Services Industry is a domain where the volume of data generated and handled is enormous. Each and every activity of this industry generates a digital footprint backed by data. As the number of electronic records grows,

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Big Data Analytics to Be Used for Tracking Expenditure Patterns by Income Tax Department

Income Tax department in India is going to use Big Data Analytics tools from April 1, 2019, to keep on the tax evasion. The programme is named Project Insight which is worth Rs 1,000 crore. The tool would trace social

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