Anomaly detection is one of the more difficult and underserved operational areas in the asset-servicing sector of financial institutions. Broadly speaking, a true anomaly is one that deviates from the ...

The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from ...

(Bloomberg Markets) --Machine learning is enabling investors to tap huge data sets such as social media postings in ways that no mere human could. Yet, despite the enormous potential, its record ...

The financial services sector has always been one of the most heavily regulated industries in the world. From anti-money laundering (AML) directives to Know Your Customer (KYC) requirements, ...

As advisors continue to show excitement for the potential of artificial intelligence, the financial services industry is focused on how to make the most of the burgeoning technology in the years to ...

My company, Kickfurther, has carved out a niche by connecting businesses in need of funding for their retail inventory with buyers of that inventory. A key component of this business model is the ...

Technology in financial services can be somewhat of a double-edged sword. On one side, new technological innovations, like artificial intelligence (AI) and machine learning (ML), are striving to make ...

The era of hyper-personalization has hit financial services in a huge way. Last year, 18% of investment in fintech went into personalized financial management according to Dealroom, while the rise of ...

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now It’s simple: In financial services, ...

The Nigerian Financial Intelligence Unit (NFIU) has moved a step toward enhancing its operational efficiency by deploying advanced Artificial Intelligence (AI) and Machine Learning (ML) tools into its ...