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AI / Machine Learning / Big Data
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The Demand for Data Scientists

By Iliya Valchanov, Co-founder of 365datascience.com. Originally published on Quora.

According to Glassdoor, in 2016 data science was the highest paid field to get into. (more…)

AI / Machine Learning / Big Data, Global trends

December 11, 2017

216

BofA Merrill Lynch unveils Card Assistant

Bank of America Merrill Lynch has launched a digital tool that delivers information and education to commercial card clients. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Credit/Debit/Prepaid cards

November 16, 2017

Fidelity latest financial firm to facilitate data sharing with fintechs

By Penny Crossman for American Banker

Fidelity Investments is joining the ranks of financial firms sharing customer account data with others through an application programming interface. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Global trends

November 14, 2017

247

Standard Chartered to roll out AI chatbot

Standard Chartered is to launch an AI-powered chatbot to provide clients with natural language assistance in managing money, making payments and analysing their spending. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Hotnews

November 14, 2017

ANZ acquires proptech startup REALas

ANZ

ANZ has acquired a startup that uses data analytics and crowdsourced market chatter to provide prospective home buyers with accurate predictions of property price momentum in Australia’s fervent real estate market.

Launched in 2011, the REALas price prediction is calculated using a proprietary algorithm developed with RMIT University, property buyers and real estate experts. (more…)

AI / Machine Learning / Big Data, Banks, Deals, Hotnews

October 3, 2017

242

ABN Amro launches Sustainable Investment Tool

By ABM Amro

From the local florist stall to the large metalworking factory in an industrial park – starting today, all of ABN AMRO’s business clients can go online to see what they can do to make their commercial premises more sustainable. (more…)

AI / Machine Learning / Big Data, Banks, Global trends, Hotnews, Wealth management

September 28, 2017

Envestnet/Yodlee debuts AI-based FinCheck Wellness app

By Envestnet / Yodlee

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, is demonstrating its vision of the Artificial Intelligence (AI) FinCheck app at FinovateFall in New York City. (more…)

AI / Machine Learning / Big Data, Analytics, Deals, Fintech news, Global trends

September 13, 2017

Nordea to deploy AI to speed up customer service

Nordea is to introduce artificial intelligence technology to analyse customer text queries and forward the correspondence to the right department. (more…)

AI / Machine Learning / Big Data, Banks

July 10, 2017

Credit Karma touts $500 million in revenues

by  for Techcrunch

It turns out that you can make a lot of money by giving stuff away for free. That’s the lesson from Credit Karma, which today is announcing that it’s running its business profitably after earning $500 million in revenues last year. (more…)

AI / Machine Learning / Big Data, Analytics, Hotnews

June 29, 2017

479

SoftBank buys Alphabet’s robotics businesses Boston Dynamics and Schaft

By Reuters,

Japan’s SoftBank Group Corp said on Friday that a unit of the company will buy two firms that build walking robots from Alphabet Inc , which would add to the group’s growing artificial intelligence portfolio. (more…)

AI / Machine Learning / Big Data, Deals, Global trends

June 9, 2017

728

What is machine learning debt?

By Matthew Kirk for O’Reilly Blog

We truly live in an exceptional point in history. The ability to ask your TV to queue up the next episode of Game of Thrones, or to have it “learn” what you like to watch, and then suggest new options, is staggering. For years, companies have latched on to the trend of utilizing machine learning algorithms for great effect, whether it’s trading on Wall Street or recognizing cat images. (more…)

AI / Machine Learning / Big Data, Global trends

June 9, 2017

391

Riskopy acquired by Coupa for data aggregation capability

By Coupa

Coupa Software, a leader in cloud-based spend management, today announced that it has acquired substantially all of the assets of Riskopy, Inc. (more…)

AI / Machine Learning / Big Data, Deals, Global trends

May 22, 2017

534

How AI is used to infer human emotion

By Nicole Tache for O’Reilly blog

Rana el Kaliouby is the co-founder and CEO of Affectiva, an emotion measurement technology company that grew out of MIT’s Media Lab. Rana is giving a talk, The science and applications of the emerging field of artificial emotional intelligence, at the Artificial Intelligence Conference in New York City on June 28, 2017. We recently caught up with Rana to discuss the techniques, possibilities, and challenges around emotion AI today. Our conversation has been edited for clarity. (more…)

AI / Machine Learning / Big Data, Global trends, Interviews

May 22, 2017

463

Deutsche Bank backs pan-industry online identity platform

Deutsche Bank is teaming up with a host of major firms to set up a platform for online registration, e-identity and data services. (more…)

AI / Machine Learning / Big Data, Banks, Deals, Global trends, Hotnews

May 9, 2017

426

RBS gives AI a helping hand with ‘hybrid bots’

The Royal Bank of Scotland is rolling out a customer service “hybrid bot” from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Global trends, Hotnews

May 4, 2017

402

WeChat maker Tencent opens AI lab in US

By Steven Millward for Tech in Asia

Tencent, China’s US$300 billion tech giant and maker of the popular messaging app WeChat, today confirmed it has opened a lab in Seattle devoted to AI tech. The social media and gaming company also confirmed it has poached Dong Yu, a former principal researcher at Microsoft Research, to head its AI lab. (more…)

Accelerators/Incubators/Labs, AI / Machine Learning / Big Data, Hotnews, InspirAsia

May 2, 2017

478

Quovo Raises $10M In VC Funding To Accelerate Growth

Quovo, a data platform providing insights and connectivity for financial accounts, announced Wednesday (April 26) that it has raised $10 million in Series B funding. (more…)

AI / Machine Learning / Big Data, Financial Markets / Trading, Fintech news, Global trends

April 27, 2017

658

Scaling machine learning

(more…)

AI / Machine Learning / Big Data

April 25, 2017

Wells Fargo to pilot AI-based Messenger bot

Wells Fargo is boarding the chatbot train, launching a pilot of an AI-based customer services agent within Facebook’s Messenger platform. (more…)

AI / Machine Learning / Big Data, Banks, Bots

April 20, 2017

594

Robo Advisor Wealthfront Launches Line of Credit to Make Users More Liquid

By Julie Muhn for Finovate

Robo advisor pioneer Wealthfront must know that opposites attract: in this case, it’s saving and investing. Today, the company launched a securities-based lending option– a line of credit that allows its users borrow against their own savings accounts. (more…)

AI / Machine Learning / Big Data, Hotnews, p2p/online lending, Wealth management

April 20, 2017

705

Lloyds partners Microsoft to pilot facial recognition access to online banking

Lloyds is teaming up with Microsoft to pilot the use of fingerprint and facial recognition technology for online banking logins on Windows 10 devices. (more…)

AI / Machine Learning / Big Data, Banks, Global trends, Hotnews, Influences FinTech

April 18, 2017

669

Robo-advisor startup StashAway gets in-principle approval from MAS to manage investment portfolios

By Yon Heong Tung for e27

It received an in-principle approval for its Capital Market Services License for Retail Fund Management from the Monetary Authority of Singapore

(more…)

AI / Machine Learning / Big Data, Deals, Financial Markets / Trading, Hotnews, InspirAsia, Wealth management

April 17, 2017

455

Wells Fargo, Finicity Team To Provide An API-Based Way Of Sharing Customer Information

Wells Fargo & Company announced Wednesday (April 5) that it and Finicity, a provider of real-time financial data aggregation and insights, have signed an agreement that provides an application programming interface (API)–based method for sharing Wells Fargo customer information with the financial apps and services that Finicity supports. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Global trends, Hotnews

April 6, 2017

538

OCBC Bank Launches First A.I. Powered Home Renovation Loan Specialist Chat Bot

By FIntechnews.sg

With more than 20,000 enquiries logged since its launch in January, OCBC Bank announced today the success of the first-of- its-kind specialised home and renovation loan chatbot service in Singapore. More than 10% of the chat sessions have been converted into mortgage loan sales prospects. (more…)

AI / Machine Learning / Big Data, Banks, Hotnews, InspirAsia

April 5, 2017

635

This fintech startup uses machine learning to give international students credit cards

By Matthew Hughes for The Next Web

America has some of the best universities in the world. Internationally respected institutions like MIT, Harvard and Stanford attract countless young people from every corner of the globe. (more…)

AI / Machine Learning / Big Data, Analytics, Fintech news, Hotnews, Payment processors/providers/gateways

April 4, 2017

942

2151

Pluto AI Raises $2.1M in Funding

Pluto AI, a Palo Alto, CA-based smart water management analytics platform, raised $2.1m in funding. (more…)

AI / Machine Learning / Big Data

March 24, 2017

1028

Deutsche Bourse fintech venture fund targets blockchain and AI

By Finextra

Deutsche Bourse’s new dedicated fintech venture fund, DB1, is hoping to make up to five investments this year, focusing on startups that use technologies such as blockchain and machine learning to rebuild the rails on which financial markets are built.  (more…)

AI / Machine Learning / Big Data, Fintech news

March 3, 2017

646

Domino’s Gets Its Own Virtual Assistant

Amazon and Google aren’t the only ones who own the AI virtual assistant space. Domino’s Pizza Enterprises has just made a move to up their digital ordering game, starting in Australia and New Zealand. (more…)

AI / Machine Learning / Big Data, news, Pre-order services

March 3, 2017

663