3 Futuristic AI Trends in Finance Sector: 2020 Edition

Written by tanveer-ahmad | Published 2020/01/11
Tech Story Tags: ai-trends | fintech-trends | identity-verification | ai-in-2020 | 2020 | technology-trends | tech-trends | banking-trends

TLDR In 2020, AI is set to move towards collaboration in different sectors. Samsung's SelfieType and Ballie that runs your smart home are prominent examples of AI’s utilization and prove that big tech companies are relying on AI for future advancements. To fully unleash the power of AI in fraud prevention requires access to very large scale data. From data, AI algorithms will be able to derive highly accurate predictions, risk management, and ongoing transaction monitoring. This means that businesses and stakeholders must commit to adopting AI-driven fraud prevention solutions to gain meaningful results.via the TL;DR App

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Written by tanveer-ahmad | Technical Content writing is my passion. I have broad experience in writing for the technical field.
Published by HackerNoon on 2020/01/11