TechBullion
All posts tagged "machine learning finance"
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142Fintech NewsHow Artificial Intelligence Is Transforming Financial Services
JPMorgan Chase employs more than 2,000 data scientists and machine learning engineers. The bank’s COO disclosed this figure during an investor presentation...
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97Fintech News
The Role of AI in Modern Fintech Platforms
Klarna processes roughly 2 million transactions per day across 45 markets. In 2024, the Swedish buy-now-pay-later company announced that its AI-powered customer...
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138Fintech News
Why Machine Learning Is Critical to Fintech Innovation
In 2012, a team at the University of Toronto entered an image recognition competition and won by a margin that stunned the...
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110Fintech News
How AI Is Improving Financial Risk Management
On March 10, 2023, Silicon Valley Bank collapsed in 48 hours. The bank’s risk management models had not flagged the concentration of...
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105Fintech News
The Growth of AI-Driven Financial Platforms
Ant Group’s Alipay processed 118.8 billion transactions in the twelve months ending March 2024. Behind each transaction, multiple AI models ran simultaneously:...
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108Fintech News
Why Fintech Companies Are Investing in Artificial Intelligence
Ramp, the corporate expense management company, announced in early 2024 that its AI system had identified $150 million in duplicate software subscriptions...
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127Fintech News
How AI Is Enhancing Fraud Detection in Financial Services
In December 2023, Mastercard’s AI fraud detection system blocked a coordinated attack that attempted to process $1.2 million in fraudulent transactions across...
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87Fintech News
How AI Is Revolutionising Financial Decision-Making
Morgan Stanley’s wealth management division manages $4.5 trillion in client assets. In 2023, the firm deployed an AI assistant built on OpenAI’s...
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84Fintech News
The Role of Predictive Analytics in Fintech
Square Loans does not ask small business owners to submit financial statements. It does not request tax returns. It does not run...
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97Fintech News
Why AI Is Becoming Core Fintech Infrastructure
Stripe processes payments for millions of businesses across 195 countries. When a customer in Tokyo buys a product from a merchant in...
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104Fintech News
How Machine Learning Is Changing Credit Risk Assessment
In 2019, the Federal Reserve Bank of Philadelphia published a study comparing machine learning credit models against traditional logistic regression models used...
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91Fintech News
The Future of AI-Powered Financial Services
OpenAI’s ChatGPT reached 100 million monthly active users in January 2023, two months after its launch. Within weeks, every major financial institution...
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92Fintech News
How AI Is Driving Financial Innovation
In 2017, Lemonade launched with a proposition that sounded impossible: homeowners insurance that could be purchased in 90 seconds and claims that...
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102Fintech News
The Next Generation of AI-Powered Fintech Platforms
Harvey, a legal AI startup focused on financial services contracts, raised $80 million in its Series B in early 2024 at a...
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127Fintech News
Why AI Is Becoming Core Financial Infrastructure
AI is becoming core financial infrastructure as every major bank, insurer, asset manager, and fintech company embeds machine learning into its fundamental...
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131Fintech News
AI in Fintech: How the $30 Billion Market Could Save $500 Billion Annually by 2030
The latest data reveals a significant milestone for the fintech industry. AI in Fintech: How the $30 Billion Market Could Save $500...
