Lendingkart will use the funds to expand its loan book and expand to more regions in India
Source: LivemintSpotify has acquired Paris-based artificial intelligence startup Niland, marking the company's fourth acquisition this year.
Source: MarketexclusiveFinancial services jobs go in and out of fashion. In 2001 equity research for internet companies was all the rage. In 2006, structuring collateralised debt obligations (CDOs) was the thing.
Source: efinancial CareersNew technologies are poised to sweep through investment banks, relieving many rank-and-file employees of roughly a third of their current workload, according to McKinsey.
Source: straitstimesFor the last half-decade, the most exciting, contentious, and downright awe-inspiring topic in technology has been artificial intelligence. Titans and geniuses have lauded AI's potential for change, glorifying its application in nearly every industry imaginable.
Source: HuffingtonpostFrom Siri to Alexa, customers are becoming accustomed to AI-powered solutions and soon they will expect the same for their local businesses. Sure, an AI roll-out can be daunting, but by adopting a strategic approach and adding smart software, small businesses will not only be able to differentiate themselves from competitors, but compete with the industry giants as well.
Source: ForbesChatbots, computer programs that typically use text-based live chat as an interface to carry out tasks for customers on behalf of the business, are emerging as an inexpensive way to introduce artificial intelligence (AI) in banking.
Source: Business InsiderWill Artificial Intelligence replace the current jobs, or will it create new jobs five years from now? It is analyzed that AI will either be the game changer in Indian industries or it will fail to impact the Indian market.
Source: SanvadaThe year 2018 will see a sharp increase in demand for professionals with skills in emerging technologies such as Artificial Intelligence (AI) and machine learning, even as people with capabilities in Big Data and Analytics will continue to be the most sought after by companies across sectors, say sources in the recruitment industry.
Source: The Hindu Business LineThe increasing intricacy of mobile technology has facilitated us to exchange details, validate and conduct transactions flawlessly. Information is literally accessible at our fingertips, removing the need for human support. The only area where human interface has had a lead over technology is the personal touch during a conversation, particularly in the case of relationship-based interactions. However, with all major innovators, including technology giants putting their burden behind technology that delivers human-like conversation experiences, even that edge seems to be fading. A platform designed to understand, learn and converse like a human and answer ad-hoc queries in real time is commonly denoted to as a chatbot. Chatbots have enticed the attention of firms across industries and are being viewed as a means to create differentiation in an increasingly crowded landscape. A brief discussion about various financial chatbots are mentioned below.
Source: AbeNew breakthroughs in AI make the headlines everyday. Far from the buzz of customer-facing businesses, the wide adoption and powerful applications of Machine Learning in Finance are less well known.
Source: HOBIn finance, data are (very) noisy, and often non-stationary. 'Signals' cannot be split from 'noise' in any unique way, as a matter of principle. This is very different from, say, image processing, where the level of noise can be controlled, at least in principle.
Source: HOBMachine Learning plays an integral role in many areas of financial services like from approving the loans, managing assests, minimizing the risk and many more. Machine Learning plays a vital role in fraud detection and protects and thus protect the consumer from the fraudlent activities.
Source: HOBIn recent years, the ability of data science and machine learning to cope with a number of principal financial tasks has become an especially important point at issue. Companies want to know more what improvements the technologies bring and how they can reshape their business strategies.
Source: HOBArtificial intelligence is reshaping marketing. AI improves targeting, personalization, and engagement. It gives marketers more time to connect with consumers at the time of need. AI-powered marketing should be a top priority for financial institutions that want to succeed in a hyper-competitive marketplace.
Source: HOBAs technology redefines how work is done, finance leaders are having to rethink what constitutes finance talent. The successful finance workers of the future will need skills that are not commonplace in the function today. What are the emerging roles and skill sets of the future finance function?
Source: HOBf you are willing to get into tech, and not knowing which skills you need for your career! By gaining the tech skills you can increase your marketability for the future as well. It is a very broad field as you have multiple directions where you can lead in and there are several skills which are demanding and gives you an appealing journey. Here are some skills which are demanding in 2019
Source: HOBMarket Research Explore is a huge market research platform which provides market intelligence reports and consulting services.
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