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Predictive Analytics Drives Criminal Justice Reform with Recidivism Forecasting

Smart Data Collective

We have previously talked about the role of predictive analytics in helping solve crimes. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation. Predictive Analytics and Big Data Assists with Criminal Justice Reform.

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Predictive Analytics Influences App Development For Emerging Markets

Smart Data Collective

New advances in predictive analytics will help mobile app developers navigate these changes and develop better technology to adapt. Predictive analytics is especially important for developers creating apps in emerging markets. Predictive analytics captures rapidly changing variables in an increasingly global world.

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Predictive Analytics Could Minimize Underpayment Penalties By The IRS

Smart Data Collective

As you can imagine, it is incredibly difficult for the average business owner to go through such a massive document and identify all of the tax deductions available to them. The post Predictive Analytics Could Minimize Underpayment Penalties By The IRS appeared first on SmartData Collective.

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How to Run Successful Predictive Analytics Project for your Business

Marutitech

” Thankfully, there is predictive analytics. Adopting data analytics solutions is a significant milestone in the development and success of any business. Predictive analytics is a widely used data analytics strategy that improves your company decisions by observing patterns in previous occurrences.

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Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

Document digitization is one of the most time-consuming tasks that finance teams face. In addition to this, often the concept of a fintech application includes fast and automatic recognition for receipts, invoices, and other financial documents to enable accurate spending tracking, KYC/AML processes, reporting, and so on.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. In this case, once a customer’s documents are scanned and uploaded, the necessary data is extracted from the key documents and then converted to machine-readable form.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. In this case, once a customer’s documents are scanned and uploaded, the necessary data is extracted from the key documents and then converted to machine-readable form.