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After years of plowing billions of dollars into shifting from serving customers in branches to mobile apps and instant payments, lenders are often in the dark about the difference their spending is making to operating profit.January 24
ColumnistBloomberg -
The group is one of the few systematic players to have built a reputation on strategies run exclusively by artificial intelligence.January 23
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Liability for missteps by vendors, jurisdictional headaches tied to locations of servers and legacy technology are other potential impediments.January 22
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The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information.January 3
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It's no longer enough to conduct traditional demographic analysis of customers. TD bank wants to know what is going on with individual consumers at any given moment and respond accordingly.December 20
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The bank has started using machine learning technology to process expense reports and determine whether they comply with company policies.December 13
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The use of algorithms in electronic markets has automated the jobs of tens of thousands of execution traders worldwide, and it’s also displaced people who model prices and risk or build investment portfoliosDecember 9
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Mark Merritt-Holmes founded the machine-learning fund with two fellow computer scientists who made their mark in the world of big data at analytics firm Teradata Corp.November 14
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Banks like RBC and JPMorgan Chase can now more easily draw real-time FactSet data feeds into applications.November 14
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A group backed by Wall Street’s biggest banks is pushing contract terms to allow financial-technology startups quicker access to consumer financial data.November 14
