Artificial intelligence has been named a disruptive force in multiple areas, including finance, healthcare, and security. The insurance sector can benefit significantly from these advancements of cognitive technology too. This is made possible with the heaps of data collected by insurance companies and not used to their full potential. In the insurance business vertical, AI can … [Read more...] about How Artificial Intelligence Is Revolutionizing Insurance
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How Sorting and Structuring Big Data Along With Using AI Applications Help Insurers Facilitate Business Processes
Companies collect an enormous amount of data that emanates from their business operations on a daily basis. The data is held in their databases so that it can be used to create value. It may be stored to facilitate marketing or improve certain areas of the enterprise making operations more efficient. However, even with advanced artificial intelligence and data storage … [Read more...] about How Sorting and Structuring Big Data Along With Using AI Applications Help Insurers Facilitate Business Processes
Preventing VoIP Fraud through Robust Telecommunications Security
Though the realm of internet hacking is primarily concentrated on website invasion and similar mechanisms, the reality is that any device that is connected to the internet is vulnerable to attack. This includes VoIP phones, which businesses around the world use to conduct business on a daily basis. In most cases, sophisticated hacking operations overtake control of such devices … [Read more...] about Preventing VoIP Fraud through Robust Telecommunications Security
The Link Between Big Data and Fraud Prevention in the Financial Sector
Even though digital technologies have done a lot to improve our overall financial situation, and to provide people with better, more convenient access to a number of different services and resources, the sad reality of today is that technological advancements also tend to bring about increased levels of fraud. It's not hard to see why, either “ honest people aren't the only … [Read more...] about The Link Between Big Data and Fraud Prevention in the Financial Sector
Will Blockchain Deliver a Decisive Blow to Financial Fraud or Fall Flat on its Face?
Technologists have been promoting blockchain technology as a sort of panacea that could save the financial sector and protect everyday banking customers from fraud. Economists and journalists have painted a different picture. They've claimed that distributed ledgers are an easy way of obscuring illegal transactions and point to several high-profile cases where criminals used … [Read more...] about Will Blockchain Deliver a Decisive Blow to Financial Fraud or Fall Flat on its Face?
