The insurance industry has been around for many centuries. While some history points to Chinese merchant seafarers pooling together their wares in collective funds, the first insurance contract stems from 1347 in Genoa. With that in mind, it is no […]
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In order to efficiently combat fraud, financial institutions are turning to artificial intelligence (AI) and its applications such as machine learning.
In banking, the utilisation of AI has become more of a necessity than a “nice to have.” They are under intense pressure on multiple fronts with the rise of Fintech companies, accelerated digital disruption and widespread technological advances
Financial Services institutions are typically hard ones to break into with innovation. However, the application of computer vision techniques is transforming and solving some longstanding problems amongst financial firms.
AI is heartbeat of most Fintech firms. The ability of AI platforms to solve human problems, reduce costs and enhance efficiency makes it a must-have asset.
Banks incorporating VR and AR have created apps where customers are able to manage their accounts and payments in a virtual setting.
Robotic process automation is a cutting-edge technology that has the potential to transform the financial services industry.
The blockchain technology is revolutionizing the industries by altering the landscape of business.
Going forward cryptos will certainly have a place in the finance world. It is hard to say what this role will exactly be.
