Retail Finance - RE•WORK Blog - AI & Deep Learning News

Top Challenges for AI in Finance in 2023

What are the challenges for AI in Finance this year? We caught up with experts from JP Morgan & Chase, UBS, University of Greenwich, Cornell University, and Fidelity Investments to find out about the top challenges that AI in Finance will face in 2023....

AI in Finance

The Top Highlights of AI/ML for Financial Services in 2022

Artificial Intelligence and Machine Learning played a crucial role in advancing technologies for financial services in 2022. With key business benefits at the top of mind, AI algorithms are being implemented in nearly every financial institution across the globe....

Fraud Detection

The Face Behind Financial Solutions at Shopify

With a staggering 25.5 million Shopify merchants between Black Friday and Cyber Monday last year alone, the number of people chasing financial queries is unimaginable. We sat down with Data Science Lead & Fraud Detection Team Manager Nevena Francetic to hear how she manages it all....

Event Highlights

Day 2 Highlights: AI in Finance & Insurance in New York

"The best place to look for the lead in change is outside this industry." Baiju Devani from AVIVA went on to explain that “the algorithmic revolution is happening everywhere. We need to be thinking algorithms first, not just AI first.”...

Deep Learning

How Synthetic Data is Changing the Face of AI

We often hear about how artificial intelligence has come a long way since the advent of large datasets made possible by the rise of social media and our increasing reliance on digital solutions for everyday life....

Deep Learning in Finance Summit

AI in Finance: Applications for academically-minded securities lending participants and beyond

Stephanie Lo is the Head of Quantitative Driven Research (QDRSF) for State Street's Securities Finance business. She is part of State Street Associates, State Street's academic arm. In this capacity, Stephanie oversees multiple...

Insurance

Learn How AI is Transforming Finance & Insurance

Whilst banking and financial services may have been slower off the mark in adapting to a digital future, many of the industry leaders are now being positively transformed and disrupted by digitalisation. Santander...

Insurance

Imbalanced Data and Credit Card Fraud Detection

In 2018, just under five million people fell victim to debit or credit card fraud in the UK - with over £2 billion stolen in total, averaging £833 per person. By 2025, the global losses to credit card fraud are expected to reach almost $50 billion....

Deep Learning in Finance Summit

The Future of AI & FinTech in the U.K & Beyond post-Brexit

March 29th, 2019. A much-anticipated date, though one that now holds little meaning. At the most recent summit in Brussels, both the UK and the EU agreed to postpone Brexit, with the two...

Machine Learning

How WekaIO Matrix Reduces Wall Clock Time for AI in Financial Modeling

High-frequency trading has undergone a revolution through the application of machine learning for trading strategies, and success is measured by the fast execution of scientific model results. Leading quantitative trading companies are constantly...

Deep Learning in Finance Summit

Interview with Mehrdad Mamaghani, Swedbank

Anomaly detection has numerous applications in a wide variety of fields. In banking, with ever-growing heterogeneity and complexity, it is difficult to discover deviating cases using traditional investigation techniques and pre-defined scenario searches....

Deep Learning in Finance Summit

Interview with AJ Hashim, Barclays

How do we improve organisational efficiency in finance? There is an expectation of finance firms not only to manage your money, but also to provide great customer service quickly and effectively. With thousands...

Deep Learning in Finance Summit

How AI is Working to Crush Financial Fraud

Machine learning and artificial intelligence are revolutionising the online world. They are capable of reducing costs, analysing data, recognising patterns and trends we can’t see with the human eye and making real-time...

Deep Learning in Finance Summit

How is AI Transforming Finance?: Interview with Andrew Clark, Capital One

At the beginning of September at the AI in Finance Summit, we spoke to Andrew Clark, Principal Machine Learning Auditor at Capital One who is working on reinventing auditing with machine learning. At...

FinTech

Day 2 Highlights - AI in Finance Summit, New York

Following an incredibly busy first day of the AI in Finance Summit which explored cutting-edge advancements in research and AI tools and techniques, we were excited to return today to shift focus to...

FinTech

AI in Finance Summit, New York - Day 1 Highlights

Leaders in Artificial Intelligence from industry and academia gathered in New York today to attend the first day of RE•WORK’s AI in Finance Summit. Over 250 attendees participated in a plethora...

Deep Learning in Finance Summit

Blockchain, AI & Finance: What you need to know

Blockchain and AI are two of the main technologies that are producing major changes in a wide variety of industries today, paving the way for both new areas, and methods, of innovation. There...

Retail

Introduction to Recommender Systems in 2018

Many e-commerce and retail companies are leveraging the power of data and boosting sales by implementing recommender systems on their websites.In short, these systems aim to predict users’ interests and recommend items...

Deep Learning

Interview with Adam McMurchie, RBS

Last week at the Deep Learning in Finance Summit in London, we were joined by some of the leading minds working in AI to disrupt the financial sector. With speakers from Barclays, LV=...

Retail

How Focal Systems can help Retailers beat Amazon Go

At Focal Systems, we believe that there will always be a place for brick and mortar retail, particularly in the grocery space. Customers want to touch and smell fresh produce, to personally select...

Deep Learning in Finance Summit

FinTech, Financial Data Science & AI: which new jobs are being created?

While many people have written on the jobs that may get lost in the roll out of Artificial Intelligence, I prefer to reflect on the thousands of new jobs that are being created...

Deep Learning in Finance Summit

How the Financial Industry is Using Today's Latest Technology

Companies in almost every industry continually depend on technology to ensure they meet stakeholder needs and remain competitive in a demanding marketplace. The financial sector is no different. Below, we'll look at several...

Deep Learning

Nearly time to hit the sales! AI can help you dodge the crowds

Christmas shopping may be over, but I wouldn’t say no to boxing day sales! Having said that, no one wants to be stuck in a queue outside in the freezing cold at...

Deep Learning

Can AI transform the way we buy & sell?

As traditional high street shopping takes a back seat in retail and e-commerce continues to lead the way, online marketplaces such as eBay and Lalafo continue to grow and further establish their place...

Deep Learning

Hate online shopping? AI can give you a helping hand

Huge amounts of data are available via e-commerce, allowing retailers to create deep learning algorithms that can follow the customer journey to help optimize search results, targeted advertising and predict the types of...