Lukas Dvorak

Data Science & AI Professional at Profinit EU

Message Posts: 2 Comments: 1

Bio Data scientist and business professional with over 8 years of experience in tailored solutions delivery and consulting. Head of client services for big data and data science at Profinit. I help financial institutions maximize their data monetization.

Blogs

Banking Strategy, Digital and Transformation

AI will take your job. (And that’s a good thing.)

13 Feb 2023

2022 was a boom year for AI. 2023 is almost certain to continue that trend. Many fear that these new technologies will take their job, but these new technologies are actually a big benefit to finance, banking, and pretty much every other industry. What can we expect in the years to come? You’ve probably already heard of generative AI by now. Back ...

Artificial Intelligence and Financial Services

AI/ML and banks: balancing privacy and performance

14 Dec 2022

AI/ML solutions can be used to help companies assess the needs of their customers more effectively using behavioral microtargeting; address those needs through personal and relevant offerings; and significantly increase their conversion rates for their offerings (e.g. consumer loans). Developing data solutions for financial institutions is somewh...

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Lukas is Commenting on

AI/ML and banks: balancing privacy and performance

Hi Tamsin As I'm describing in the article, the key is to use various data anonymization techniques. Sometimes, you change the original data so that confidential and sensitive information is lost. Still, the context remains (you don't need to know the exact payment location, but the city is enough for the model). Sometimes, you want to create synthetic data that are not using any real information but allow the model training. And sometimes, you just exclude the whole set of data features, knowing that the model doesn't need it at all.

19 Dec 2022 Reply Read article