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Tag: Fintech

Using ML to cope with cryptojacking attempts
Cryptojacking is the illegal use of another person’s computing power to mine cryptocurrencies. One of the most crucial skills a security team may possess is the capacity to identify dangers and take action as soon as possible. The level of disruption and operational effect will be reduced the quicker they
The Ukrainian fintech industry keeps growing despite the war
Despite the war and its awful challenges, the Ukrainian fintech industry is working to enhance the nation’s infrastructure and rules to attract credible companies and institutional investors from various backgrounds. Undoubtedly, many investors think it’s dangerous to invest in Ukraine right now. But for regional fintech companies, business continues as
Cloud banking is in the spotlight at London Tech Week 2022
Understanding the cloud banking dynamic may help businesses seeking to scale take advantage of significant funding possibilities. The ways that banking, finance, and technology converge at London Tech Week provide a wealth of information about the U.K.’s economic environment. Cloud banking is the future of FinTech Data show that U.K.
AI Technology Helps Consumers Improve Access to Financial Capital During Current Recession
In April, a new report showed North American banks could use AI technology to save over $70 billion within the next three years. This is just one of the many reasons that financial institutions are investing more heavily in artificial intelligence. It is easy to see why. Artificial intelligence is …
Fintech App Development Discover the Benefits of Using AI
The rapid pace of digitization has caused fintech markets to boom around the world. The market for Fintech was over $112 billion last year, but is projected to be worth over $333 billion by 2028. During this wave of disruption, successful business owners and startup founders need to understand the …
Promising Benefits of AI in the Financial Technology Market
Artificial intelligence (AI) is all the rage now. It’s impacting numerous industries globally and changing the way we do things. One of the critical industries AI is making strides in is the financial technology “fintech” industry. AI now plays a significant role in facilitating financial services, replacing what required manual …
How crypto helps Ukraine heal its wounds and pave its way to the digital future
The two critical steps taken in the most challenging times show how crypto helps Ukraine, brings support it needs during the invasion and turn into the digital country it dreams of. Two days ago, Ukraine launched a crypto donation site to collect crypto and fiat money to help with their
Hyper-Personalization Accelerator for Banks and Fintechs Using Credit Card Transactions
Just as Netflix and Tesla disrupted the media and automotive industry, many fintech companies are transforming the Financial Services industry by winning the… The post Hyper-Personalization Accelerator for Banks and Fintechs Using Credit Card Transactions appeared first on Databricks.
Data-Driven Strategies to Help Prevent ACH Fraud
There is no question that advances in data technology have led to some major changes in the financial industry. A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. The market size for financial analytics services is …
How Do Banks and Other Financial Institutions Benefit from AI
AI is revolutionizing the banking and financial sector. Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Banking is one of those industries that can earn or save billions of dollars thanks to AI. Institutions that introduce AI-powered solutions …
How Can You Use Machine Learning to Optimize Pricing in FinTech?
FinTech is about connecting with customers. They expect something different from classically understood banking. The more you know about your audience, the more you can offer them. It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. What can you learn from …
AI-Powered Fintech Startup Zeni Raises $34m in Series B Round
This article was originally published on Grit Daily and is reproduced with permission. The Palo Alto and Pune-based Al-powered fintech startup Zeni has completed a Series B fundraising round and secured $34 million. It is an advanced fintech platform that allows companies to do all their financial tracking in one
The Future of Predictive Analytics In the Insurance Industry
Big data is one of the most rapidly growing industries in the world and was valued at $169 billion in 2018, with expectations to approach the $300 billion mark by the end of next year. Even with such monetary influence in the world already, the industry is still figuring itself
5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021
AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Artificial intelligence (AI) and machine learning (ML) are two technologies that use digital technology to …
How Financial Institutions Can Deal with Unstructured Data Overload
In this contributed article, Chandini Jain, CEO of Auquan, outlines how new AI-powered tools can aggregate, query, analyze and leverage unstructured data to unveil deep insights in record time. She takes a look into how these tools are providing value and helping financial institutions turn mounds of unstructured data into …
Blockchain: The Fall of Traditional Centralized Systems in Business & Finance
Blockchain is one of the most important technologies to shape the world. One of the biggest industries that has been affected has been finance. The market for blockchain technology in the financial sector is expected to reach over $3 billion by 2024. The question many experts are asking is: “what …
5 Incredible Ways Big Data Has Changed Financial Trading Forever
Big data is making a significant impact on the financial world. The market for big data in the banking industry alone is projected to reach over $14.8 million by 2023. The impact it’s making is much more of a grandiose splash rather than a few ripples. This is primarily due …
A New Fintech Platform
Startup foundry and VC Team8 launched Team8 Fintech to identify, fund, and grow future fintech unicorns. Continue reading →