How Artificial Intelligence Will Change Retail Banking

With technological advancement, artificial intelligence is set to touch and modify the financial sector, specifically retail banking in many different ways. It’s still the beginning stages of AI adoption for most banks. A Narrative Science survey [https://thefinancialbrand.com/63322/artificial-intelligence-ai-banking-big-data-analytics/] highlighted that 32 percent of financial executive participants

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Algorithms are Black Boxes, That is Why We Need Explainable AI

Artificial Intelligence offers a lot of advantages for organisations by creating better and more efficient organisations, improving customer services with conversational AI [http://datafloq.com/read/the-top-7-big-data-trends-for-2017/2493] and reducing a wide variety of risks in different industries. Although we are only at the beginning of the AI revolution that

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Why Humanizing Algorithms Is a Good Idea

Algorithms [https://www.thedigitalspeaker.com/ai-change-corporate-governance/] are taking over the world. Not yet completely and not yet definitely, but they are well on their way to automate a lot of tasks and jobs. This algorithmization [https://datafloq.com/read/7-Reasons-Algorithmic-Business-Change-Society/1676] offers many benefits for organizations and consumers; boring tasks

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12 Algorithms Every Data Scientist Should Know

Algorithms have become part of our daily lives and they can be found in almost any aspect of the business. Gartner calls this the algorithmic business [https://datafloq.com/read/7-Reasons-Algorithmic-Business-Change-Society/1676] and it is changing the way we (should) run and manage our organizations. There are all kinds of

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Algorithms Are Changing Business: Here is How to Leverage Them

When Google’s algorithm AlphaGo beat South Korean Go Grandmaster Lee Se-dol [http://www.cnet.com/news/google-alphago-artificial-intelligence-victor-in-game-of-man-vs-machine/] by 4-1 last week, it was a significant event in the world of algorithms and artificial intelligence [https://www.thedigitalspeaker.com/7-reasons-algorithmic-business-will-change-society/]. This is because it represented a new form of artificial

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7 Important Big Data Trends for 2016

It is the end of the year again and that means it is time for the Big Data trends for next year. I did that for 2014 [https://datafloq.com/read/big-data-trends-2014/124], I did it for 2015 [https://datafloq.com/read/five-big-data-trends-2015/661] and now it is time for

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