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5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021

Smart Data Collective

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Now that artificial intelligence is involved, fraudulent transactions can be fully eliminated.

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5 Current Trends in Big Data for 2022 and Beyond

Smart Data Collective

The world of big data is constantly changing and evolving, and 2021 is no different. As we look ahead to 2022, there are four key trends that organizations should be aware of when it comes to big data: cloud computing, artificial intelligence, automated streaming analytics, and edge computing.

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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Artificial intelligence (AI) is all the rage now. According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 What is artificial intelligence? How do fintech companies apply artificial intelligence? billion to bank fraud in 2021 , up 70% from 2020.

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Green Data Centers Make Data-Driven Entities More Sustainable

Smart Data Collective

While these numbers may not seem high at first, they may become troubling when we think of how quickly data centers are growing – and according to the Globe News Wire , their global colocation market will expand with a compound annual growth rate of 6.5% from 2021 to 2027.

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How AI Is Going to Drastically Change the Future of the Automotive Sector

Smart Data Collective

Artificial intelligence has had a dramatic impact on the efficiencies of daily human tasks as well as complex intellectual tasks that require substantial human intelligence. Self-driving cars like 2021 Tesla Model S are now a reality, thanks to the rapid advancements in AI technologies over the years.

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Factors Influencing the Cost of Developing an AI-Based Smart Home App

Smart Data Collective

Artificial intelligence is becoming a major focus of our lives. As of 2021, connected home devices are used by approximately 12.5% It is affecting some of the most intimate elements of our lives, such as our homes. As we stated before, AI has played a role in driving the direction of the smart home market.

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How AI is Optimizing Data-Driven Ad Targeting 

Astera

The results of a survey carried out among US adults in 2021 revealed that 51% of consumers are bothered by ads that are not relevant to them. Are you tired of seeing irrelevant ads while browsing the internet? You’re not alone. Many users find generic ads annoying and ineffective.