Remove Artificial Intelligence Remove Big data Remove Financial Services Remove Privacy
article thumbnail

Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape.

article thumbnail

The U.S. Office of the Comptroller of the Currency Seeks Comment on Digital Innovation by Banks

Data Matters

electronic payments, check capture and online banking), the OCC lists some of the new technologies, the implementation of which may be hindered by ambiguous, burdensome or inflexible rules, such as blockchain, artificial intelligence, biometrics, cloud computing and big data/analytics. The post The U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 things to know: IBM Cloud’s mission to accelerate innovation for clients

IBM Big Data Hub

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

article thumbnail

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.

article thumbnail

AI Governance: Break open the black box

IBM Big Data Hub

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. IBM Global AI Adoption Index 2022.).

article thumbnail

Privacy and Cybersecurity Top 10 for 2018

Data Matters

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. There is also another sleeper case with potential for notable privacy rights impact.

article thumbnail

How Jamworks protects confidentiality while integrating AI advantages

IBM Big Data Hub

The integration of artificial intelligence (AI) has ushered in a new era of technological progress, offering a spectrum of benefits across industries. Organizations must conduct meticulous due diligence on the legal landscapes of the cloud providers’ operational jurisdictions, ensuring alignment with data protection regulations.

Cloud 94