machine learning

Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.

Source: sas.com

Finance Teams Embrace Innovation as FIs Tap AI Assistants to Boost Efficiency
Finance Teams Embrace Innovation as FIs Tap AI Assistants to Boost Efficiency
September 18, 2023  |  artificial intelligence

As the finance industry becomes increasingly digital, financial institutions (FIs) are recognizing the potential of artificial intelligence (AI) assistants to automate tasks, improve customer experiences,...

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Arrive Taps AI to Ensure Safe Delivery and Prepares to Go Public
Arrive Taps AI to Ensure Safe Delivery and Prepares to Go Public
September 18, 2023  |  Delivery

An estimated 260 million packages were stolen in the U.S. last year. That’s according to delivery company Arrive, which says it hopes to reverse that...

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Foundational Models: Building Blocks for Generative AI Applications
Foundational Models: Building Blocks for Generative AI Applications
September 15, 2023  |  artificial intelligence

By Stefan Geirhofer and Scott McKinney Generative artificial intelligence (GenAI) refers to a category of machine learning models that, in response to a user’s input...

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Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Against that backdrop, financial institutions (FIs)...

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Fraud Losses From Impersonator Scams Double For Largest US Banks
Fraud Losses From Impersonator Scams Double For Largest US Banks
September 14, 2023  |  Fraud Prevention

Financial institutions (FIs) have generally found fraud and financial crime to be continually more sophisticated. The rise of digital banking and ever-faster digital payment methods...

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BlackLine Launches AI-Enabled Intercompany Accounting Tool
BlackLine Launches AI-Enabled Intercompany Accounting Tool
September 13, 2023  |  B2B Payments

BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities.  This new solution, known as Intercompany Predictive Guidance,...

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CFOs Tap AI to Optimize Cash Flow
CFOs Tap AI to Optimize Cash Flow
September 06, 2023  |  artificial intelligence

The influence of artificial intelligence (AI) is becoming more prevalent in our daily lives.  Within this new ecosystem, the chief financial officer (CFO) and finance...

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Credit Unions Counter the Growing Risk of AI Fraud
Credit Unions Counter the Growing Risk of AI Fraud
September 06, 2023  |  Digital Banking

Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to...

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Healthcare Sector Will Devote 10.5% of Spending to AI
Healthcare Sector Will Devote 10.5% of Spending to AI
September 05, 2023  |  artificial intelligence

The healthcare sector is projected to nearly double its spending on artificial intelligence (AI). A recent report by Morgan Stanley says that the amount allocated...

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