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Predictive Analytics Solutions Bolster Crypto Trading Security in 2019

Smart Data Collective

One of the biggest difficulties that crypto traders, brokers and entrepreneurs face is a rising number of security risks. In 2019, crypto scams where the most common type of online security breaches. CIO reports that CryptoLocker was one of the worst ransomware attacks of 2019. Identifying variations of crypto malware.

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Car and Mobile Companies Use Big Data to Reduce Distracted Driving

Smart Data Collective

Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks. They have accumulated a lot of data on their drivers and are using it to help address these kids of risks. What is Distracted Driving?

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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.

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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. along with some of the largest and established technology companies like Google and Apple?are

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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.

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Top 10 Financial Mistakes That Can Be Resolved with AI

Smart Data Collective

According to a 2019 survey by Debt.com , 33% of Americans don’t maintain a budget, but since the pandemic, that number has decreased. They Use predictive analytics technology to better anticipate possible emergencies and the expected costs associated with them. percent, to $17.05 trillion in the first quarter of 2023.

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Customer Data Culture: The Innovators Have Already Reinvented Themselves

Alation

Unless the focus shifts to these types of activities, we are likely to see the same problem areas in the future that we’ve observed year after year in this survey.” — Big Data and AI Executive Survey 2019. Without a data culture focused on leveraging data to better understand customers, all of that technology investment goes to waste.