Can Fintech and big data transform a post COVID-19 landscape? June 29, 2020 COVID-19 has transformed the world in a short space of time, possibly forever. With this change brings opportunity, and Fintech has the potential to be part of a brighter future. The SARS-CoV-2 virus epidemic has generated widespread strife and conflict in economies across the globe. Virtually overnight, consumers shifted their activities online. There is an [...]
Five ways to improve collaboration in Fintech June 29, 2020 In the shadow of the last global financial crisis, the Fintech industry emerged as a disruptive phenomenon that cut out the middleman. This transformative sector has had a massive impact on the perception of banking and money management. Fintech has established itself as a credible alternative, especially in these times of another looming financial crisis [...]
That’s it, folks, AI version 1’s a wrap June 23, 2020 Well, we’ve done it. Pop the corks, and let’s enjoy a socially distanced Zoom party to celebrate. The current generation of AI, and in particular machine learning, has ended its beta phase and is now officially done. We can look forward to incremental update releases over the coming decade, but it’s packaged, available, everywhere, reliable, [...]
Amazon to use AI to enforce social distancing in offices and warehouses June 16, 2020 Amazon is to use a tracking system powered by artificial intelligence to make sure employees are following social distancing guidelines in its offices and warehouses. Monitors in its warehouses will show workers on the screens highlighted in green circles when keeping a safe distance from others. The system will also be used in office buildings [...]
AI Is Revolutionising Health Care June 16, 2020 The market value of AI in the health care industry is predicted to reach $6.6 billion by 2021. Artificial intelligence is increasingly growing in popularity throughout various industries. Most of us associate AI with things like robots, Alexa and self-driving cars. But AI is a lot more than that. AI experts see it as a revolutionary technology [...]
How AI technology is leading the charge against Covid-19 June 16, 2020 The application of artificial intelligence (AI) in healthcare has, until now, often been limited to specialised areas such as medical imaging and electronic health records. But with the Covid-19 pandemic introducing new, unexpected complexities for health systems to address, the benefits of AI are finally being realised in the mainstream. From helping us better understand [...]
The stage is set for the City to lead the post-Covid fintech revolution June 15, 2020 The 2008 global financial crisis marked a watershed moment for the financial services sector. For the global economy to recover, it needed to innovate. Investment in technology and its application across the entire financial system — what we now refer to as “fintech” — has since transformed the industry as we know it. Fintech will [...]
Seven drivers of growth: Unlocking potential and growing your business in turbulent times June 11, 2020 In a world disrupted by the COVID-19 pandemic, lockdown and a looming recession it may be hard to focus on growth. But analysing the exciting possibilities of a business for long-term success is a necessary, if difficult, challenge on the road back to the new normal and will require leaders to think differently about their [...]
IBM ditches facial recognition tech business amid racial profiling concerns June 9, 2020 Computing giant IBM has called time on its facial recognition business, after saying that it opposes the use of technology for racial profiling and mass surveillance. IBM chief execuvite Arvind Krishna said the company will no longer sell facial recognition services, as it seeks to “advance racial equality”. In a letter to members of US [...]
Is the government brave enough to let markets fix the social care crisis? June 9, 2020 We have all seen, with the direst of consequences, the deficiencies of the current social care system. As Covid-19 has raged through the UK, tens of thousands have died in under-resourced, under-invested, and ill-designed care homes. With the focus in those early weeks on protecting the NHS at all costs, central planners sent potentially infectious [...]