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How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

Another challenge while trying to contain highly infectious diseases such as the coronavirus is figuring out how to maintain a safe distance from the infected parties while still effectively tending to them medically. This raw data is then analyzed with machine learning algorithms to identify patterns and trends.

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The Digital Bank – How to make Business Models fit for the Future

ITONICS

Banking is necessary, banks are not”. Many traditional banks have reacted and are now en route to the digital world. ITONICS advises numerous banks on how to make their business models fit for the future and not merely keep up with digitization, but even become a first mover. What about the human factor?

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How banks can build customer loyalty through design

mjvinnovation

These changes in user consumption behavior must always be on your radar, for banks and other financial institutions. In this sense, it is essential to restructure companies with new models of digital services that are aligned with their values ?? How to meet this new consumer’s demands? . Automation of services.

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

In this movement, the term Open Banking becomes a promising reality. In this article, we will demystify and simplify the open APIs concept for banks. Keep reading to see what benefits are for banking institutions, their customers and more! The banks’ challenges with Digital Transformation. What is Open Banking.

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Open Insurance: what it is and how it works

mjvinnovation

In this context, access to open APIs permits the sharing of data between different insurers, startups, banks, InsurTechs (insurance startups based on technology, inspired by the Fintech model) and other organizations. APIs are considered the key to the process of Digital Transformation in banks, for example. Conclusion.

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How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

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50 what-if questions to reimagine the future

Board of Innovation

What if artificial intelligence was dealing with new customers and claims? What if you owned your own bank? Think at Transferwise borderless bank account: it can be opened online everywhere in the world, accepts payments in every currency and charges none or very small fees regardless of the currency or your location.