Machine learning

Synchrony minds HR as it develops AI

02/11/19

The bank and card program provider is starting to use AI in many areas, but it's also trying to build paths forward for employees whose jobs will be affected.

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TD still years away from full AI integration, CEO says

02/05/19

A year after buying the artificial intelligence fintech Layer 6, TD Bank is "rewiring how the organization has worked," Gregory Braca says.

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‘A lot of people are going to get hurt’: Petrou on fintech risk

02/04/19

Policymakers need to update banking regulations to minimize the risks posed by technology companies entering financial services, a well-known policy analyst says in a new paper.

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Can AI help banks thwart elder abuse?

01/30/19

Banks use anti-money-laundering and fraud systems to try to catch scams that prey on senior citizens. A few, including Wells Fargo, are working on artificial intelligence that could spot them even earlier.

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Can crowdsourcing mitigate a dearth of data scientists for banks?

01/22/19

Data scientists from NASA, Google and hundreds of other places are working for financial firms in their spare time. Is this a good idea?

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Can AI’s ‘black box’ problem be solved?

12/31/18

Bank technologists see the potential for AI in lending, money laundering detection, fraud and other areas. Regulators and bank executives insist on “explainability.”

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Adopting AI isn’t without risk

12/31/18

As banks begin to use artificial intelligence in their businesses, they’ll need to consider the potential for bias as well as the impact new technologies will have on workers.

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Citi deploys AI to detect real-time fraud, errors in payments

12/21/18

The software, which was developed by Feedzai, will eventually block payments that appear to be fraudulent or mistaken.

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The top cyber threats of 2019

12/18/18

Rich Baich, Wells Fargo's security chief and newly appointed security advisor to the White House, shares attack types he’s worried about and top defenses.

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CFPB catches flak from banks, credit unions on risks of AI

12/06/18

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.

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