Satoshi Nakamoto Blog

Tag : machine learning

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Amazon’s Human Helpers Are Quietly Listening in on Some Alexa Recordings

Photo: Elaine Thompson (AP) There’s been a number of incidents where Amazon’s Alexa digital assistant has done things like misinterpret something it overheard and started
artificial intelligence Customer data Disruptors Kabbage Machine Learning marketplace lending online banking Real-time data small business lending

Real-time data was Kabbage’s secret sauce, its first investor says

Kabbage closed a $700 million asset-backed securitization earlier this week — the largest ever by a small business online lending platform — a remarkable moment
artificial intelligence Consumer lending First National Bank of Omaha Machine Learning marketplace lending peer-to-peer lending

Online lender Upstart eyes expansion after latest funding round

The online lender Upstart, which also offers itself as a partner for banks, has raised an additional $50 million to fund its expansion plans —
AML artificial intelligence Fraud detection Machine Learning Transaction laundering

Can AI help banks handle Venezuelan sanctions?

The Trump administration’s tightened sanctions on the regime of Venezuela’s Nicolás Maduro have tested U.S. banks’ transaction monitoring systems, with some institutions responding by refusing
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Morgan Stanley’s new data strategy for higher quality AI

Jeff McMillan, chief analytics and data officer at Morgan Stanley, has long worried about the risks of relying solely on data — if the data
Artificial Intelligence/AI Data & Analytics digital Machine Learning robotic process automation Robotics

Can COO perform the CFO role using “intelligent automation”? – FinTech Futures

Intelligent automation will compel the profession to become more creative If “intelligent automation” (i.e. machines) were people, then would they easily get on the executive
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How 6 million Bank of America customers are using Erica

Six million people now use Erica, the AI-driven virtual assistant embedded in Bank of America’s mobile app, and it has processed 35 million client requests,
artificial intelligence authentication Card fraud Chargebacks FIS Fraud detection fraud prevention Identity Verification Machine Learning MasterCard Mobile technology Payment fraud Synchrony

‘Friendly fraud’ is on the rise. Are banks complicit?

Friendly fraud — when a fraud victim knows the perpetrator, and the fraudster has intimate knowledge of the target — has by all accounts been