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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

Meet Taktile , a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. They could use that data to train new models and roll out machine learning applications.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.

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How Robotic Process Automation (RPA) Applies Artificial Intelligence: Cognitive Automation, Technology Analysis, and Use Cases

Altexsoft

In the last ten years, a new technology aimed at automating clerical processes emerged. However, it only starts gaining real power with the help of artificial intelligence (AI) and machine learning (ML). The fusion between AI technologies and RPA was named Intelligent or Cognitive Automation.

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How to Benefit From Custom Healthcare Software Development

Mobilunity

Currently, healthcare software development can be divided into two main types: commercial off-the-shelf (COTS) and custom healthcare software development. The COVID-19 pandemic became an unprecedentedly stern challenge for the world’s healthcare industry. The same happened with the healthcare industry in response to the pandemic.

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Robotic Process Automation: Technology Overview, Types of RPA Software, and Application Examples

Altexsoft

They use machine learning under the hood, and these types of RPA systems still require individual research and development. This article is a good place to start, learning what Robotic Process Automation is, how it works, and where it can be applied. But if a task has a straightforward flow, why not automate it?