Financial institutions collect vast amounts of structured and unstructured data on a daily basis, and AI is presenting more efficient ways to utilize that data — opening analysis and innovation potential for the industry.  Roughly 80% of the data Citigroup sees is unstructured — from emails, contracts and regulatory documents — and that data can […]

Whitney McDonald

Source link

You May Also Like

Inside look: The hunt for AI talent | Bank Automation News

Financial institutions are on the hunt for AI talent as AI, machine…

Which Is Better: Private Lenders Or Banks? | Bankrate

PhotoAlto/Frederic Cirou/Getty Images When evaluating personal loan lenders, you can choose from…

Level Four Advisory Services LLC Grows Stock Holdings in American Electric Power Company, Inc. (NASDAQ:AEP)

Level Four Advisory Services LLC grew its holdings in American Electric Power…

FHFA issues proposed rule on suspended counterparty program  | ABA Banking Journal

The Federal Housing Finance Agency is seeking feedback on a proposed rule…