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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. Some prominent banking institutions have gone the extra mile and introduced software to analyze every document while recording any crucial information that these documents may carry. Engaging the Workforce.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. Exploratory Data Analysis (EDA) EDA is used to analyze data and summarize their main properties and characteristics using visual techniques. OCR is widely used to digitize all kinds of physical documentation.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. EDA is used to analyze data and summarize their main properties and characteristics using visual techniques. OCR is widely used to digitize all kinds of physical documentation. Predictive Analytics.

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11 most in-demand gen AI jobs companies are hiring for

CIO Business Intelligence

Responsibilities include building predictive modeling solutions that address both client and business needs, implementing analytical models alongside other relevant teams, and helping the organization make the transition from traditional software to AI infused software.

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Leveraging user-generated social media content with text-mining examples

IBM Big Data Hub

Text representation In this stage, you’ll assign the data numerical values so it can be processed by machine learning (ML) algorithms, which will create a predictive model from the training inputs. Topic modeling: Topic modeling aims to discover underlying themes and/or topics in a collection of documents.

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Why you should care about debugging machine learning models

O'Reilly on Data

That’s where model debugging comes in. Model debugging is an emergent discipline focused on finding and fixing problems in ML systems. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. Sensitivity analysis.

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Generative AI copilots: What’s hype and where to drive results

CIO Business Intelligence

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. Today, top AI-assistant capabilities delivering results include generating code, test cases, and documentation. So, what delivers on the productivity promise today?