article thumbnail

FinTech and Machine Learning

IdeaScale

When people talk about machine learning they are a referring to a type of artificial intelligence that has the ability to learn without explicit programming. And machine learning could be applied towards many of those already (for example: using data to optimize for consumer buying behavior).

article thumbnail

Artificial Intelligence and Chatbots: Teaching the machine to think

mjvinnovation

Even if you do not realize it, more and more Artificial Intelligence is present in your routine. Smartphones, cars with parking sensors, smart houses, banks, restaurants, call centers. But what is Artificial Intelligence? This process includes some steps, such as reasoning skills, learning and pattern recognition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions

Daniel Burrus

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. So in banking, the most identifiable Hard Trend in blockchain technology is people’s response to buying Bitcoin.

article thumbnail

In a Battle of Online Help vs Face-to-Face Service, the Customer Must Always Win: Part 1

Daniel Burrus

Human beings are all about relationships and experiences — the emotions and memories derived from these occurrences are what drive us and, largely, what separate us from machines.

article thumbnail

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.

article thumbnail

Consumer Brutal, Chase Bank

Gregg Fraley

I do my banking online, as much as is possible. Online banking saves me time. Checking balances, transferring money, having online records to reference, it’s all very convenient. I bank with Chase, more formally known as JP Morgan Chase. I bank with Chase, more formally known as JP Morgan Chase.

article thumbnail

Alexa to the Rescue: Considering the Environments in Which We Innovate

Innovation Architecture

She enjoys a similar relationship with Google Maps, which she refers to as “Google Lady”: the nice lady who gives mom and dad turn-by-turn directions while driving. Voice activation becomes the natural, primary interface between human and artificial intelligence. How do we keep the car from going to McDonald’s?