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Showing posts from December, 2019

Machine Learning in Healthcare

Hari Nair Hospitals are constantly trying to improve the quality of care they deliver.  Machine learning (ML)  is creating disruptive changes in the healthcare industry.  ML was first applied to tailoring antibiotic dosages for patients in the 1970s..  Python developers can build solutions that benefit human health and well-being. Python and its frameworks work on principles  agreed upon the HIPAA checklist. Some of the practical areas for ML are: Medical image processing and anomaly detection Managing Hospitals and Patient Care Diagnostics Disease Prognosis Prediction Natural Language Processing (NLP) for Administrative Tasks Patient Risk Identification Computer vision methods have long been employed to automatically analyze biomedical images. The recent advent of deep learning has replaced many other machine learning methods, since it avoids the creation of hand-engineering features;  removing a critical source of error from the pro...

AI in Banking and Financial institutions

Hari Nair WeChat is a Chinese social media and mobile payment app, released during the year 2011 - China’s billion-user messaging app ClearBank , an innovative clearing bank in the UK based entirely on the cloud and offering an open-standards connection API, are showing the way to a future of distributed, hyper-efficient core banking services - Banking as a service!. AI will make intelligent automation   to do away with competition from FinTech players.  AI will enable banks to leverage  Machine Learning  optimally to drive operational and cost efficiencies.  By adapting AI, Banking sector have already taken actions, unlocking significant opportunities . Cognitive technology with Artificial Intelligence (AI) brings the advantage of Digitization to Banks.   SBI launched SIA, an AI-powered chat assistant that addresses customer enquiries  with everyday banking tasks.  Eva (Electronic Virtual Assistant) has addressed over 2...

Digital transformation in BFSI

Hari Nair It is not enough to just import technologies like AI, Block-chain or smartphones into existing financial services, says futurist and Fin-tech entrepreneur  --Brett King. The two biggest issues facing the majority of Bank customers today are service delays and poor quality of personalization. Now that we have chat-bots that have become more and more intelligent every year with conversational interface design, personal banking is significantly improved. AI is bringing upon a digital revolution to banking.  Fin-tech is an industry aiming to disrupt financial services using Artificial Intelligence.  By reducing waiting time, the bank can get-rid-of  long ques and help customers get personalized services quicker. AI has the potential to eliminate human error in banking procedures, allowing banks to better understand customer demands, make credit cards extinct, and influence the attraction of the unbanked to financial services. Fintech is ...