AI and Big Data Technologies Transforming Financial Services

The Convergence of Big Data and AI Enabling Financial Services Automation

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Artificial Intelligence (AI) and Big Data has emerged to be the most essential technologies to develop fintech applications. The technologies has advanced significantly over the ages to empower applications and machines to learn from its own experiences, unravel hidden patterns in data, generate insights and take automated decisions. Technology evolution in the AI and Big Data spaces is continuously driving the development of innovative applications that are transforming the financial services.This research service focuses innovations powered by AI and Big Data for financial services space. The research service also highlights the key future opportunities of AI.In brief, this research service provides the foll

Table of Contents

1.0 Executive Summary1.1 Key Findings1.2 Research Scope1.3 Research Methodology2.0 Technology Overview2.1 Technology Snapshot2.2 Key Benefits Offered by Big Data to the Financial Services2.3 Key Benefits Offered by AI to the Financial Services2.4 Factors Driving AI and Big Data Adoption in the Financial Sector2.5 Key Challenges Hindering Adoption of AI and Big Data in the Financial Services Sector3.0 Big Data and AI Innovations Transforming Financial Services3.1 Convergence of Big Data and AI is Driving Innovations in Financial Services Sector3.2 Proactive Automated Fraud Detection Enhances Brand Reputation3.3 AI is Helping Optimize Fraud Analytics3.4 Customer Analytics3.5 Customer Analytics Offers Multi-dimensional Insights 3.6 Risk Analytics3.7 Key innovations Driving Risk Analytics 3.8 Innovations in Biometric Authentication Security Digital Payments3.9 Innovations Powering Touchless Secure Payment Authentications3.10 Conversational AI Platforms Powering the Next-gen Financial Assistants3.11 Strong Reasoning Ability of Chatbots Facilitating Human-like Interactions4.0 The Road Ahead4.1 Future Application Opportunities in Fintech Leveraging Big Data and AI4.2 Advanced Machine Intelligence Will Give Rise to the Next generation of Financial Assistants4.3 Controlled Computing Will Lead to More Secure and Effortless Interfaces5.0 Analyst Insights5.1 Analyst Insights6.0 Key Patents6.1 Key Patents on Account Identification and Data Generation6.2 Key Patents on Virtual Currency and Adaptive Level Implementation in Financial Management6.3 Key Patents on Predictive Modelling and Credit Scoring6.4 Key Patents Conversational AI and Biometric Authentication7.0 Key Contacts7.1 Key Contacts7.1 Key Contacts (continued)Legal Disclaimer

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