Microsoft Listed as Visionary Leader by 360Quadrants in AI in Fintech
Summary
PUNE, India, April 5, 2019 /PRNewswire/ -- 360Quadrants powered by MarketsandMarkets™, the worlds only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on AI in Fintech Solutions to help businesses make quicker and more informed decisions. It is an application of AI technology used in the financial sector to design investment strategies, detect anomalies with pattern & voice recognition, and conduct market analysis with data mining. It is a key for financial organizations to harness data and cloud services as a strategic asset, shifting from hindsight to foresight closely hinged on security, privacy, and regulatory compliance. NAB and Microsoft collaborated to design a card-less Automatic Teller Machine (ATM) concept using cloud and Artificial Intelligence (AI). This concept improves customer experience by removing the need for physical cards instead needs a pin and facial recognition to withdraw cash from ATMs.
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