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How banks are using AI to create smart trading platforms and identify client needs

Investment Executive | Fiona Collie | Feb 22, 2021 Financial services firms are using AI to create smart trading platforms and identify client needs Technology is everywhere in the financial services industry, and banks have been building their artificial intelligence (AI) bona fides in recent years. Components of AI include natural-language processing, which uses technology to


The post How banks are using AI to create smart trading platforms and identify client needs first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

The coronavirus pandemic, nearly a year long, is hitting students of color the worst

Black and Hispanic students are suffering more learning losses than their white counterparts thanks to the Covid-19 crisis, according to a report.

4 years ago

New rules make it easier for struggling student loan borrowers to access PPP loans

One of the changes to PPP loans that the Biden administration announced this week include allowing struggling student loan borrowers to qualify.

4 years ago

Tax season is in full swing. So are the tax scams

Tax fraud typically increases during tax-filing season, which began Feb. 12. Identity theft is generally the most prevalent fraud. Here's what to know.

4 years ago

Some schools still can't reopen for in-person learning, despite new federal guidance

Almost a full year into the Covid pandemic, some school districts have yet to reopen for any in-person instruction.

4 years ago

A $15 minimum wage could boost Social Security benefits by about $5,000 a year

Raising minimum pay could help provide more money now to workers around the country. It could also help boost their Social Security benefits down the line.

4 years ago

These taxpayers will get until June 15 to file their 2020 returns

While the IRS had said it has no plans to extend the standard April 15 filing deadline, taxpayers in declared disaster areas will get a reprieve.

4 years ago

Bitcoin is cratering again, showing why people should be cautious before investing in cryptocurrency

"People should only invest really what they're willing to lose," said Daniel Polotsky, CEO of CoinFlip, one of the largest bitcoin ATM companies in the U.S.

4 years ago

Cathie Wood's funds take big hits as Tesla and the tech trade show signs of unwinding

Shortly after the open, her Ark Innovation Fund was down 11%. By 10 a.m. ET, it had already traded more than 8 million shares..

4 years ago

How Biden's PPP loan program changes can help Latino small business recovery

The new Biden Administration PPP loan initiatives are critical for Latino small business owners feeling the negative impact of Covid-19.

4 years ago

$400 unemployment boost: Republicans revive anxiety over the effect on jobs

Republicans say extra unemployment benefits in a $1.9 trillion Covid relief bill would cause a disincentive to work. Some economists don't see the evidence.

4 years ago

These trucking companies are offering full benefits and $50,000 pay to attract new talent

Trucking companies may be facing a driver shortage in 2021. Here's an inside look at an industry in need of new applicants.

4 years ago

Here's what investors should know about rocket builder Astra as it prepares to go public

Rocket builder Astra is preparing to go public via a SPAC in the second quarter, with CEO Chris Kemp telling CNBC how the company plans to scale its business.

4 years ago

Cathie Wood's funds take hits as Tesla and the tech trade show signs of unwinding

Shortly after the open, her Ark Innovation Fund was down 11%. By 10 a.m. ET, it had already traded more than 8 million shares..

4 years ago

Workhorse Group drops nearly 50% after EV company is passed over for USPS contract

Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.

4 years ago