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artificial intelligence

artificial intelligencebig techdigital transformationenterprise blockchainidentity and privacyIndiaregulation & compliancetelecom & infrastructure
·Oct. 23, 2020

How IBM spinning-out $18B of managed infrastructure revenue, or Reliance Jio growing to 400MM mobile users, creates a chassis for digital finance

This week, we look at:

  • IBM spinning out its managed services division with $18 billion of revenue in order to focus on hybrid cloud and digital transformation

  • Reliance Jio, the Indian mobile telecom provider with 400 million users, contemplating financial services with backing from Google and Facebook

  • The role that technology infrastructure plays in the delivery of financial services


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Image by Janine Bolon from Pixabay
artificial intelligence
·Aug. 7, 2023

Bias in AI: What to watch for and how to prevent it

Lenders gravitate towards using artificial intelligence (AI), so they must be dedicated to removing biases from their models. Luckily there are tools to help them maximize returns and minimize risks.
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Payments
·Dec. 26, 2023

Spade is creating a new transaction enrichment wheel

Instead of modifying decades-old transaction infrastructure, Spade provides better fraud protection by creating a new system. Customers like Sardine, Mercury, Unit and Ramp have improved their fraud models by more than 15% using Spade's real-time merchant intelligence for the card ecosystem.
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artificial intelligenceFractals & reflexivityphilosophy
·Sep. 11, 2020

The nature of Consciousness, artificial intelligence, and how we see Finance Sep 11, 2020 1

The question of consciousness goes to the root of why we build, what we create, and how we decide what is valuable and what is not. And if we can control our self-conception and the modeling we do of the world, the texture of life becomes better. A recurrent theme in our writing is that systems don’t care about their agents per se. There are many game theoretical equilibria where agents suffer, but systems perpetuate. So figuring out how an agent within a system reflects on happiness is paramount.

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artificial intelligence
·Jul. 21, 2023

AI in fintech: An adoption roadmap

The increased use of AI in financial services is inevitable, but for it to fully flourish, many issues must be addressed, including legal, educational and technological ones. As they get resolved, several factors will still increase use in the interim.
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Home
·Jul. 1, 2025

Outsmart Pricing Objections Before They Arise with AI

How sales and marketing teams can tap into AI to predict pricing pushback. A priority of Future Nexus, like many...
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artificial intelligenceDAOsNFTs and digital objectsphilosophyvisual art
·Jul. 22, 2019

What Finance can learn from the Evolution of Beautiful Artificial Intelligence Art

However, mastery is not immune to automation. As a profession, portraiture melted away with the invention of the Camera, which in turn became commoditized and eventually digitized. The value-add from painting had to shift to things the camera did *not* do. As a result, many artists shifted from chasing realism to capturing emotion (e.g., Impressionism), or to the fantastical (e.g., Surrealism), or to non-representative abstraction (e.g., Expressionism) of the 20th century. The use of the replacement technology, the camera, also became artistic -- take for example the emotional range of Fashion or Celebrity photography (e.g., Madonna as the Mona Lisa). The skill of manipulating the camera into making art, rather than mere illustration, became a rare craft as well -- see the great work of Annie Leibovitz.

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artificial intelligenceaugmented realitychatbots & other robots
·Jan. 13, 2020

Have Facebook Messenger Chatbots failed for Finance?

In the long take this week, I try out a contrarian point of view on personal finance chatbots. Trim, a savings chatbot, just withdrew support from Facebook Messenger. While lots of other chatbots are still invested in conversational banking, what could we take away from the counterfactual of chatbots failing to get B2C traction? What is the impact on the rest of the platform wars waged by Amazon, Google, and Tesla for connected homes, cars, and the Internet of Things?

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fraud
Fintech
·Aug. 11, 2023

FIs Face Barriers to Fraud Fighting AI Adoption

Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
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artificial intelligencebig techchatbots & other robotsdigital transformation
·Sep. 17, 2021

NVIDIA’s Kevin Levitt on Artificial Intelligence, deep learning, and its role in financial services

In this conversation, we chat with Kevin Levitt who currently leads global business development for the financial services industry at NVIDIA. He focuses on global trends in accelerated compute and AI for consumer finance – including fintech, retail banking, credit card and insurance. Prior to joining NVIDIA, Kevin served as Vice President of Business Development at Credit Karma, and Vice President of Sales for Roostify.

More specifically, we touch on the role data plays in the financial industry, how the needs of financial institutions have changed, the age of big data, the definitions between artificial intelligence and machine learning, how to train an AI algorithm, the reasoning behind the incredible amount of parameters machine learning solutions consume, the fundamental purpose of AI/ML in financial services, what NVIDIA’s platforms comprise of, and lastly the future of AI/ML.

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