Effective financial management is imperative to the success and longevity of a company. When the business is new or relatively small, it’s usually possible to keep track of budgets, expenses and cashflow through spreadsheets and […]
How do BigData and AI help Anti-Money Laundering (AML)?
Artificial intelligence (AI), machine Learning (ML) and Anomaly Detection can be integrated and applied within anti-money laundering (AML) software, to help banks increase their AML efficiency and save billions in regulatory penalties. This article explores […]
Can IoT technology help insurance companies build more personalized and lower-risk products?
In every insurance contract negotiation, there are two main concerns for the involved parties. The insurance provider worries about making an accurate risk assessment, while the customer needs to justify to himself that he’s paying […]
The INFINITECH Marketplace: A Repository of Big Data and AI Resources for Digital Finance
In recent years, financial and insurance organization are producing large volumes of digital data from a variety of sources including traditional enterprise systems, e-banking and mobile-banking transaction processing systems, social media platforms, as well as […]