Industry

Unlocking the Power of AI in Financial Services: Fraud Prevention with Seldon & Effectiv

The financial sector is witnessing an alarming surge in fraudulent incidents, creating a critical concern for the industry. In 2021 alone, fraud shot up by 70%, causing losses of over $5.8 billion. This troubling trend, paired with emerging threats like AI-based scams, makes it crucial to use the best tools available. In this post, we’ll […]

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Using Explainable AI (XAI) for Compliance and Trust in the Healthcare Industry

A fundamental barrier the Healthcare industry faces in adoption of Machine Learning is a lack of trust and compliance for artificial intelligence solutions (AI). Increased calls for regulation, demonstrated by the FDA’s most recent guidance, pose a moral dilemma for healthcare providers trying to serve their patients. Explainable AI (XAI) in healthcare can help build

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How Can the Financial Services Industry Trust AI?

How can financial services teams scale AI/ML in a manner that promotes confidence, increased automation and financial returns? And what does AI in finance look like? The level of maturity and the speed of adoption varies across different territories globally. This is largely due to different talent pools, operating models and regulation that Financial Services organizations

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Shaping the Future of Climate Change with AI in Financial Services

Back in 2015, the Paris Accord was set out to protect us from the progressive impacts caused by global warming before the damage became irreversible. However, several of the protective measures were met with wariness and resistance from various sectors, including the financial services industry (FSI), which was concerned about the limiting effects on growth

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Machine Learning in Healthcare and Medicine

Machine learning in healthcare has a range of applications and uses, from streamlining administrative tasks to improving diagnosis and treatments. The healthcare sector has a huge array of current and historic data on patients, treatments, and health issues. Although this data is often sensitive, this wealth of information makes machine learning in medicine and healthcare

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How Covea made an 11x ROI detecting fraudulent insurance policies 

Covéa Insurance Plc is the UK underwriting business of leading French mutual insurance group Covéa, and offers commercial, motor, high net worth, property and protection insurance through its Standard & Poor’s A+ stable rating. Covéa Insurance serves two million policyholders and generated over £725.7 million in premiums in 2020. Their goal is to become the most

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Machine Learning in Finance

The financial and banking sectors are incredibly data-rich, with millions of transactions and transfers occurring every day. Data-led decisions are an integral part of the financial sector, whether in banks, insurance providers, lenders, or stock traders. Machine learning in finance is leveraged in the financial sector to automate manual processes, help inform decision making, and enhance

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Information Age: How Machine Learning Will Revolutionise Drug Discovery

In this Editor’s Choice piece for Information Age, Seldon CEO and Founder Alex Housley discusses how machine learning is set to revolutionise drug discovery. Over the past 18 months, we’ve all seen how crucial the pharmaceutical industry can be for society during a public health crisis. The ability to speedily and safely discover, develop, and

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