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Shopping with Fraud Protection and Adaptive Artificial Intelligence

CIO Business Intelligence

The amount of money lost to card-not-present fraud in 2020 was six times greater than what merchants lost in 2019, according to the Nilson Report. That wasn’t a fluke either, as the 2019 numbers were four times higher than 2018. million rules are applied to each transaction to assess its risk. Just starting out with analytics?

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Car and Mobile Companies Use Big Data to Reduce Distracted Driving

Smart Data Collective

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. Intel® Technologies Move Analytics Forward. Just starting out with analytics? IT Leadership

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Will Predictive Analytics Help Forecast Profitable IPOs for Stock Traders?

Smart Data Collective

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks.