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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

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The most valuable AI use cases for business

IBM Big Data Hub

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system.

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., Source (New) Retail USA Yes Unknown Autodesk Source (New) Software USA Yes Unknown DATAIR Employee Benefit Systems, Inc. Stamm explain how a constrained neural network can be used to detect synthetic videos “at 98% accuracy”.

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The Role of Master Data Management in Enabling Omnichannel Connected Customer Experiences

Reltio

Our innovative customers span different industries like life sciences, financial services and insurance, healthcare, CPG, apparel, retail, travel and hospitality and high tech. I had an experience with a retailer that had two disconnected profiles for me. Jan 8, 2020. But, they all have one thing in common.

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Conversational AI use cases for enterprises

IBM Big Data Hub

Conversational artificial intelligence (AI) leads the charge in breaking down barriers between businesses and their audiences. In the back end, these platforms enhance inventory management and track stock to help retailers maintain an optimal inventory balance.

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The state of AI and information readiness in banking

OpenText Information Management

According to a new report on the global banking industry from Finextra, 45% of retail banks say they can onboard a new customer in under 40 minutes. Yet, only a quarter of respondents felt they could pull front and back end systems together to deliver optimum customer service.

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#ModernDataMasters: Martin Squires, The Analysis Foundry

Reltio

It’s the classic garbage in garbage out, but it is even more important now as we move into the real drive towards machine learning and artificial intelligence. For example as a young analyst at N&P I built a model for Home and Contents Insurance in order to better understand our retention strategies.