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Artificial Intelligence and Financial Services
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Micah Willbrand Product Director ID&F at Experian UK&I
Fraudulent applications present a significant risk to a businesses’ success and reputation. As criminals become more sophisticated in targeting credit cards, loans, current accounts and other financial products, its critical lenders and other organisations ensure their fraud prevention systems are fit for purpose. One of the ways businesses can me...
08 October 2019 /ai
Retired Member
There’s not much you can’t get on the dark web; it’s a lawless haven for cybercriminals. As businesses continue to utilise increasingly stringent identity checks, fraudsters will always be trying to get one step ahead. Currently on sale on the dark web are passport scans. For just £55 you can get a typical passport scan with accompanying selfie. I...
07 October 2019 /ai
Mark Goldspink CEO at The ai Corporation
Fraud has reached the highest levels on record, affecting more organizations than ever. The scale of the problem was revealed in last year’s PWC Global Economic Crime and Fraud Survey. Of the 7,228 businesses contacted by PwC, across 123 territories, 49 percent reported that they had experienced fraud or economic crime, over a two-year period. Mod...
01 October 2019 /ai /security
Integrating alternative data into the investment process is the future of portfolio management, yet the practice of identifying valuable, non-traditional data sets is age old. Some call it fundamental analysis, like interviewing customers about a company’s product. Others call it plain smarts, like using satellite imagery to measure crop yields ...
27 September 2019 /ai
Sray Agarwal Specialist - AI and ML at Publicis Sapient
Artificial intelligence (AI) and machine learning (ML) promise a smarter, more automated future for everyone. But the algorithms that underpin these technologies are at risk of bias, a substantial threat that could undermine their entire purpose. What exactly is AI bias, why is it important for financial services (FS) firms to avoid it and how can ...
11 September 2019 /ai /retail
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