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Looking at a New AI Tool for Financial Services – Insights for Wealth Advisors, Managers and Retail Bankers

Salesforce announced a complete AI-augmented platform built specifically for financial institutions, offering wealth managers and bankers AI-powered insights and recommendations that will help grow their book of business and deepen client relationships.

Insurtech Data & Privacy in 2019

In this special guest feature, Jason T. Andrew, CEO and co-founder of Limelight Health, discusses how InsurTech is coming of age at just the right time to decide how to use Big Data in a way that protects startups from the pitfalls into which the large social media companies fell. He believes we have the opportunity to build the InsurTech industry as digitally transparent and ethically sound, even as we accept the inevitability that the curtain has been pulled back on our privacy as we imagined it. As we revolutionize the insurance industry, it’s all the more important that we lead the way in developing technologies that empower users and set the right safeguards for data protection between technology vendors and insurers.

Big Data in Financial Services: Analyze-As-You-Go

In this contributed article, Hassan Mohamed, a London-based analyst specializing in financial operations and credit management in EU markets, explains where to hit in any organisation in order to monetize big data with an action plan. Also included is a comparison between 3 Vs and 5 Vs, a discussion of how to improve performance in any corporate department using big data, unquestioned answers about big data, and a clear action plan to monetize big data and gain the most of it.

Can AI Democratize Life Insurance?

In this contributed article, Andrew W. Singer, Principal, Singer Publications, discusses how several startups are using AI to address some problems with obtaining life insurance. In the process, they just may democratize life insurance. With AI, you are changing the paradigm.

Equifax Delivers on Data for Customers in 2018

Equifax Inc. (NYSE: EFX) delivered on its commitment to helping customers make smarter decisions with unique data throughout 2018 with the introduction of new solutions, technologies and services across multiple industries. Hundreds of data scientists in the global Equifax Data & Analytics Lab work every day to better connect the company’s unique data with the unique needs of customers through a relentless pursuit of new innovation in predictive analytics, machine learning and explainable artificial intelligence (AI).

Protecting Data Assets Critical Amid Increased Technology Acquisitions

In this contributed article, Geoffrey R. Morgan, founding partner at Morgan Legal Group, LLC., discusses how companies are spending significant sums to acquire the technology assets that enable them to slice and dice data like never before. The world’s largest organizations – technology-focused and otherwise – deal in data, not unlike the companies of the 90s that dealt in oil.

Interview: Bill Waid, VP and General Manager, FICO Decision Management Suite

I recently caught up with Bill Waid, VP and General Manager of FICO Decision Management Suite to discuss FICO’s long and deep history with AI and machine learning in the solution of business problems, most notably fraud detection. Bill also outlines the evolution of the company’s use of this technology with its cloud enabled platform that combines analytics, decisions, and optimization into a Decision Management Suite (DMS).

Finance Careers Utilizing Big Data

In this contributed article, freelance human Avery Phillips suggests that if you are considering any sort of career in the finance field, you will more than likely be directly or indirectly involved with Big Data at some point in your career. If you are looking at finance, consider your relationship with its partner-in-crime, big data.

Senzing’s Software for Real-Time AI for Entity Resolution to Fight Financial Crime

Senzing, a new artificial intelligence-based (AI) software company, announced its Senzing software product to address the $14.37 billion financial fraud market. Senzing is an IBM spinout that has reinvented entity resolution, which senses who is who in real time across multiple big data sources.

Big Data in Financial Services

In this special guest feature, David Friend, co-founder & CEO of Wasabi Technologies, takes a look at the big data and cloud storage technology stack as it relates to the finance industry. The financial services industry is highly competitive, with products fighting for the smallest differentiation to make an impact in the market. Big data and the cloud serve to provide important competitive advantage to this important industry.