AI-driven hedge fund rules out Bitcoin for lack of ‘fundamentals’
A Swedish hedge fund that returned roughly four times the industry average last year using artificial intelligence won’t touch Bitcoin, ...
Tag: artificial intelligence (AI)
Bank of America uses AI to predict business volatility, acquisitions
Bank of America is using artificial intelligence (AI) to reliably predict which companies are likely to be acquired close to ...
Listen: How to teach ethics to AI models
Removing bias from artificial intelligence (AI) models may seem as simple as removing demographic information from the data, but it ...
Weekly Wrap: U.S. unveils AI task force and Citrix moves to API-driven treasury management
In this week’s episode of “The Buzz,” Bank Automation News goes over the Biden administration’s decision to establish a task ...
U.S. unveils AI task force to share government data for research
The Biden administration today unveiled a task force to develop plans on sharing government data with artificial intelligence researchers. U.S. ...
Banks invest in AI with an eye toward ethics
In seven tweets last month, the insurer Lemonade described how it’s using artificial intelligence (AI) to assess customer risk to ...
Weekly Wrap: FDIC’s new chief innovation officer weighs in on AI
In this week’s episode of "The Buzz," Bank Automation News tackles the question of what banks can expect from regulatory ...
FDIC’s new CIO touts competitive advantages offered by AI
As banks, fintechs and financial institutions grapple with how to implement artificial intelligence (AI), the U.S. Federal Deposit Insurance Corporation ...
Ethical AI: Experts say AI can be tapped for alternative credit scoring
Approximately 7.1 million U.S. households are unbanked, according to the most recent data from the FDIC, and 1.7 billion adults ...
Listen: AI helps banks speed maritime trade compliance
With all the ships at sea at any given time, banks involved in maritime trade transactions find it especially time ...
