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Tag: machine learning

What are the Applications of AI in banking?

The Use of Artificial Intelligence in BankingĀ  Every business uses artificial intelligence, and the banking industry is no exception. Banks and fintech firms are under pressure to incorporate new technologies to stay competitive. Financial services companies may use AI to automate procedures, boost productivity, cut costs, and enhance customer service. The banking sector already employs ...

How AI Transforms Startups?

Machine learning and deep learning have allowed scientists to teach machines as humans think and perform. AI is training the machines to work smart. AI applications vary from image recognition and chatbots to self-driving cars. Artificial Intelligence has been around for many years, and it is time to leverage the benefits. Not limited to large ...

AI and Machine Learning in Fraud Detection – How Does it Work?

How AI And ML Help Business In Fraud Detection?   Machine Learning is becoming an essential part of fraud detection. It helps companies identify fraudulent activities with high accuracy and speed. ML models require a large amount of data to be used for training. While this issue may not be an issue for large companies, ...

Common AI Ethics Mistakes Company Making

One of the most common objections to AI is that it is “unethical” to use it in business. This can be taken two ways. First, if the company is not doing anything illegal, is it being unethical? And second, if they are unethical, what is it that they are doing? The first answer to the ...