Cloudera

NOVEMBER 16, 2020

Well, it is International Fraud Awareness Week, focused on promoting fraud prevention and education. Maybe I am naïve but I feel a bit sad that there is a need for “fraud week”. The insurance industry has a long and intimate relationship with fraud in many different ways. Yet, fraud in the U.S.

Insurance 97

Insurance ROI Marketing Machine Learning 97

CIO Business Intelligence

JUNE 7, 2022

billion in cost savings for the insurance industry as well during the same period. . For banks, brokerages, insurance companies, fintech firms, and other financial services organizations, NLP is increasingly being seen as a solution to too much data and too few employees. The same study estimated that chatbots would lead to $1.3

Unstructured Data 89

Unstructured Data Deep Learning Insurance Interactive 89

Smart Data Collective

AUGUST 3, 2023

Particularly essential for high-value assets or cars transporting confidential cargo, blockchain’s decentralized structure prohibits data manipulation or unauthorized access. A blockchain-based solution allows fleet administrators, technicians, and automakers to access and change data in real-time. Therefore they sell for more.

Technology 84

Technology Management Cost-Benefit Manufacturing 84

IBM Big Data Hub

JANUARY 16, 2024

One example of this is in insurance. Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals. This is something we’re likely to see more of this year.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

Smart Data Collective

FEBRUARY 28, 2022

There is no question that advances in data technology have led to some major changes in the financial industry. A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. Benefits of ACH payments. million per breach.

Data-driven 93

Data-driven Strategy Big Data Cost-Benefit 93