Credit scoring: Keeping customer privacy at the forefront
A unique opportunity comes in the form of smartphone metadata as a means of developing credit scores for individuals and small business owners...
Tag : AI
XAI is the future of AI in banking
If not handled well, AI-led customer disintermediation could plague banking; but that’s where XAI can help...
European healthcare: AI faces data and black box challenges
European hospitals are using AI software-based recommendations for diagnosis. Can it be susceptible to bias?...
China embraced wealthtech; why hasn’t the UK done so?
UK wealth clients want human engagement while making investments—especially in the given political climate...
UAE leads AI-led digital transformation in the Middle East
AI is expected to contribute 14 percent of UAE’s 2030 GDP...
AirAsia using AI, IoT to cut carbon footprint, boost savings
AirAsia pre-installs its planes with over 1,000 IoT sensors to capture real time data...
Coming soon: Fujitsu’s AI-based credit scoring for banks
The software, which will be available from October, will help lenders screen small and medium-size businesses...
A strategic approach based on value is key to implementation of AI in banking
As AI evolves, analysts believe that the technology will save global banking $1 trillion in operating costs by 2030...
JetBlue to offer flight tickets at fraction of existing prices with European foray
The budget carrier plans to start with multiple flights to London from the US in 2021...
Asia Pacific set to become the dominant market for AI in banking by 2030
The business value of AI in banking can reach $98 billion in the region over the next decade...