While some industries have been slower to explore how they might use AI in their operations, the financial services sector ...

Deep learning is increasingly used in financial modeling, but its lack of transparency raises risks. Using the well-known Heston option pricing model as a benchmark, researchers show that global ...

(Bloomberg Markets) --Machine learning is enabling investors to tap huge data sets such as social media postings in ways that no mere human could. Yet, despite the enormous potential, its record ...

WEST LAFAYETTE, Ind. — Purdue University is offering a new series of Data Science in Finance courses focusing on applications of data science and machine learning to solve modern financial problems ...

The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from ...

AI or machine learning is changing the way industries across the spectrum interact with their customers, as well as develop their processes. And nowhere is this more evident than in the financial ...

What is the role of artificial intelligence in the financial services industry? AI is proving to be a powerful tool for financial institutions looking to improve their operations, manage risks, and ...

The financial services sector has always been one of the most heavily regulated industries in the world. From anti-money laundering (AML) directives to Know Your Customer (KYC) requirements, ...

As advisors continue to show excitement for the potential of artificial intelligence, the financial services industry is focused on how to make the most of the burgeoning technology in the years to ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. As machine learning continues to reshape the financial ...

Technology in financial services can be somewhat of a double-edged sword. On one side, new technological innovations, like artificial intelligence (AI) and machine learning (ML), are striving to make ...