Tag: Security
Payment Intelligence | Powerful And Strong Combo With AI
The fusion of Artificial Intelligence technology with payment processes has led to a remarkable enhancement in efficiency, creating a mutually beneficial partnership between the two domains. Artificial intelligence was acknowledged and employed before this era, although its utilization was considered inadequate. More research is necessary to clarify the correlation among blockchain, payments, financial technology, and artificial intelligence.
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Not What You Think – Robots and Artificial Intelligence
Robot failure can occur for the basic and widely known reason that their machine learning models may not be precise enough or require extensive data and training to be precise. Robots excel in tasks that pose a substantial threat to humans, have low economic value, are menial in nature, and are significant in humanitarian endeavors with high risk involved. It is unlikely that robots or AI with advanced capabilities will replace our jobs in the next 50 years or beyond.
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How to Friends with Statistics and MachineLearning
While there may be variances in methodology between machine learning and statistics, these distinctions do not sever the alliance between the two fields. The contrast lies in the fact that machine learning prioritizes enhancing efficiency and achieving optimal results, while the others focus on sample size, population, and developing hypotheses. The primary focus of machine learning is on producing accurate forecasts, even if the explanations behind those predictions are not easily comprehensible.
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Why Data is best for Blue Ocean Shift?
BOSS – Blue Ocean Shift Strategy can actually help and create vision to focus on areas such as AI, blockchain for education, health & agriculture, create ecosystems using BigData analytics and IoT. To capture a quick snapshot of this strategy, certainly, Big Data appears to be most effective and efficient driver for Blue Ocean Strategy. Based on a limited set….
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AI Changing FinTech Modus Operandi
AI in Fintech is a great help & ease for understanding on how the automation can be achieved for automated tasks (yes its true). Machine Learning focuses on predictions, based on known properties learned from the training data using too much statistical inductive reasoning. It’s been said ML works very well as long as past gets repeated in future. Financial chat bots use predictive analytics to push out real-time, informed responses to customers without the need for human intervention.
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BlockChain as a Service (BaaS)
Blockchain technology is being used to distribute the financial market, rather than keep it in the control of a few major companies. How about the same concept with Artificial Intelligence so that it can deliver the values in a plug and play mode i.e As a Service technique. Any new startup if require or wants can just plug and play this service to get benefits rather then leaving it just few big hands.
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AI The Epicenter of eCommerce
In our todays online shopping how much is artificial intelligence. How artificial intelligence can help retailers to deliver the highly personalized experiences shoppers desire. Ant colony optimization algorithm (To formulate training feed-forward neural networks with ant colony optimization) to obtain the users’ preference information are widely used in todays ecommerce business for comparison-shopping to solve the problem of the user bias’ filtering and learning. The performance improvements are important to both consumers / buyer and sellers / merchants.
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Robots and Artificial Intelligence
As per professor Andrew machine learning is a revolution in history of man kind first one was where machines came and took our basic jobs to make us faster and our life easy. Now to me this second one is coming to make us lazy and heavily dependent. The technique that made easy work easy possibly is no longer AI, but something mundane.
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Data Science of Payments
How come my bank knows what I am going to buy next, how come my internet browser offering me add on something which I was searching on google few minutes or days backs. How do they know my voice or can recognize my picture without any human intervention. Answer is much simpler then it looks or simpler then the complexity of out own thought process. Use of deep learning
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Machine Learning in Fintech- Demystified
The financial services industry has already implemented machine learning. Numerous fields utilize it, including intricate solutions such as thwarting fraudulent activities, assessing risks, obtaining a deeper knowledge of customers, and enhancing the medical industry, among other applications. The wide-ranging issue of generating intelligence has been subdivided into various components, each of which has become a distinct area of research dedicated to addressing its unique challenges.
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Blockchain and Artificial Intelligence
Computers start simulating the brain’s sensation, action, interaction, perception and cognition abilities. Blockchain is a new approach to manage/monitor financial and other transactions, Guarding an innovation department or powerhouse lab is a smart setup
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Magic Word Pay in Digital Payments
Today’s consumer expects a seamless mobile payment experience; failing to meet those expectations can be devastating to a brand, idea, innovation and eventually the payments industry. The world’s best companies; main from out side of payment / financial domain are rushing (yes rushing) for Digital Transformation for money. Getting inspired by the cutting-edge technologies, innovative products and solutions
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Artificial Intelligence for Digital Payments Security
The best to protect data from stealing by hackers; may be by not converting and putting the data in system, In the old days people says keep smiling it does not cost you anything hang on this is not true any more.
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Payments – Innovation & Info-security
infrastructure of the payment solution without having to worry about the currency or country I am in, the amount in my payment instrument, the service provider, the recipient, the time zone, the language, the nature of the transaction, or the payment amount. The consensus among experts is that this factor plays a significant role in the market’s growth over both the short and long term. Incorporating the category of payments made through mobile devices.
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Digital Payments – Security vs Speed
Abstract – In Digital payments world million dollar question comes in at every stage what is more important security or speed (Performance & Ease). Financial system security design principles can be organized into logical groups, for example, least privilege is a principle and appears
