Here’s where fintech is heading next

Tuesday I’ll be co-moderating the Singularity University Exponential Finance Conference in New York. The event provides another opportunity to assess how disruptive technologies like machine learning, artificial intelligence, big data, robotics, and blockchain technology are influencing the financial world. Just look at one area — big data analytics — and you can see the impact. Like all institutions, banks are awash in new data on their customers. They have information on loyalty cards, social networks, purchase data, browsing habits — an ocean of information. Using big data analytics, they can sift through this information more quickly, which has changed the way risk is priced. That supports faster and more accurate decisions and has supported the rise of peer-to-peer lenders like Lending Club and Prosper. Big data is changing even the…

Link to Full Article: Here’s where fintech is heading next

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!