360Quadrants powered by MarketsandMarkets, the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on AI in Fintech Solutions to help businesses make quicker and more informed decisions.
AI in Fintech refers to the theory and development of computer systems capable of performing finance-related tasks that usually require human intelligence. It is an application of AI technology used in the financial sector to design investment strategies, detect anomalies with pattern & voice recognition, and conduct market analysis with data mining. The AI in Fintech solutions market for this quadrant is defined as the summation of AI-enabled Fintech solutions and services.
For this quadrant, the components of AI in Fintech are mainly segmented into solutions and software. Major application areas of AI in Fintech solutions are virtual assistants, business analytics & reporting, and customer behavioral analytics. These solutions have been analyzed based on cloud and on-premise deployment. Amazon has been identified as a visionary leader in the AI in Fintech space given its high product quality and reliability. 25 top companies in AI in Fintech are listed on the quadrant.
Amazon has been identified as a visionary leader in the AI in Fintech space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint. 360Quadrants also lists competitors of Amazon in the AI in Fintech space.
AI in Fintech offerings from Amazon aims to deliver valuable insights and intelligence from data. The company has an established product portfolio with a robust market presence and business strategy. Some of the major developments of the company in the AI in Fintech space include:
AWS is a preferred cloud provider to Guardian Life Insurance
The Guardian Life Insurance Company of America (Guardian) chose AWS to provide cloud to migrate production workloads to AWS. The Guardian is closing its operated data centers and is reducing its IT operating costs.
AWS is a cloud provider to Active.Ai
Active.Ai chose AWS as its preferred partner to provide cloud through its TRINITI platform to power the delivery of conversational AI capabilities. This platform runs on AWS to provide customers an enhanced experience. It also helps financial institutions and insurance companies support voice-based transactions in the cloud.
AWS is a strategic cloud provider to the National Australia Bank
The National Australia Bank (NAB) chose AWS to provide cloud on a long-term basis, to migrate a number of applications. A cloud-first strategy is adopted by NAB to deliver financial outcomes for a number of customers globally. NAB also deployed an intelligent threat detection service, Amazon GuardDuty that monitors any malicious activity and helps protect customer data available in the cloud.
New Research Reveals SafelyYou’s AI-Enabled Fall Detection Reduces Need for Emergency Service Care in Dementia Care Facilities
Real-time fall detection using SafelyYou’s artificial intelligence-enabled video recording reduced the need for emergency services by a staggering 80% in dementia care facilities, according to research results published in the American Journal of Managed Care. The study closely examined the impact of SafelyYou’s memory care-focused technology to detect falls, videotape falls and notify care staff so that video review of the incident could occur immediately after each fall.
“According to the Alzheimer’s Association Report (2016), fall injury is the leading cause of Alzheimer dementia–related hospitalizations, with $5.3 billion in annual cost to Medicare,” said Glen Xiong, Advisory Board Member for SafelyYou. “In residential care facilities, individuals with dementia fall, on average, four times per year and twice as often as other residents. Falls often go unwitnessed. Due to uncertainty regarding the seriousness of each fall, facility staff frequently activate local emergency medical teams to examine the residents, and such visits often result in emergency department visits.”
The study, supported in part by a National Institutes of Health, National Institute of Aging Small Business Innovation Research Grant, was conducted with enrolled participants on June 1 to Aug. 31, 2018. Fall incidents and outcomes were routinely recorded for facility residents, and facility staff reviewed the falls in real time, immediately after each incident, for study participants.
Among 147 falls in the control group, 52 (35.4%) resulted in EMT visits and 36 (24.5%) resulted in ED visits. In contrast, the intervention group had 83 falls, with 13 (15.7%) and seven (8.3%) resulting in EMT and ED visits, respectively. There were relative reductions of 75% in EMT visits and 80% in ED visits.
The AI-enabled camera fall detection system coupled with staff review of fall videos led to more accurate identification of serious falls and incidents compared with less serious falls, such as when a resident intentionally moved to the ground but did not fall.
“Using emergency services less frequently leads to lowered healthcare costs and stress for everyone,” said George Netscher, CEO of SafelyYou. “Speaking with families and hearing the testimonials is really the very best part of our day.”
Florida Realtors® 2019 Convention & Trade Expo Offers Success Strategies, Tips to Boost Business
Success strategies from top industry leaders, the latest in high-tech devices and a chance to network with other real estate professionals: That’s what the Florida Realtors® 2019 Convention & Trade Expo offers – opportunities to boost business and the bottom line.
This year’s Convention & Trade Expo takes place Aug. 21-22, 2019, at the Rosen Shingle Creek resort in Orlando, with the popular REBarCamp slated to kick off the event on Tuesday, Aug. 20. Then Realtor members will get down to the business of the state association and wrap up the week with governance meetings, Aug. 23-25, 2019.
“Florida Realtors 2019 Convention and Trade Expo is the one business event this year that every Realtor should attend,” says 2019 Florida Realtors President Eric Sain, a Realtor and district sales manager with Illustrated Properties in Palm Beach. “Over the course of just two days, Realtors have the chance to learn successful business strategies from top industry leaders, get new marketing tips, hear inspirational speakers offer advice from the trenches, network with colleagues and enjoy exciting entertainment. Florida Realtors’ annual convention provides outstanding value to anyone interested in the latest trends, technology and best practices. I’ll be there – will you?”
The 2019 convention features more than 40 education sessions from top industry speakers on various topics such as new trends in real estate, disaster recovery planning, Florida’s water crisis, how to make the most of the home-share trend, video marketing, Florida’s evolving cannabis laws, best practices for brokers and much more.
- REBarCamp: Aug. 20, 9:30 a.m. – 5:30 p.m.; registration sign-in starts at 8:30 a.m.
This year marks the 10th year for the event’s peer-to-peer learning and sharing. However, industry powerhouses are on tap to facilitate sessions, including: Sean Carpenter, Jay Thompson, Nick Baldwin and Tristan Ahumada with Lab Coat Agents to name a few. More than 500 Realtors attended last year’s REBarCamp. Cost for day, which includes lunch and the After Party, is $15. Register through Eventbrite to guarantee a ticket.
- General Session Keynote: Aug. 21, 1:30 – 2:30 p.m.
Songwriter and Grammy-nominated Top 40 singer John Ondrasik, also known as Five for Fighting, brings home his message of “Harnessing Inspiration and Creativity to Design the World You Want” on piano and guitar. One complimentary ticket is included with full convention registration. One additional ticket can be purchased by full convention attendees for $30.
- Dance Party with “Party on the Moon”: Aug. 21, 8 – 11 p.m.
Returning for the 5th year in a row, American’s No. 1 Party Band, Party on the Moon delivers a high-energy evening of the latest dance music, ’80s classic rock, Latin, disco/funk, R&B and Motown. This 13-piece band – with singers, musicians and dancers – has performed worldwide. One complimentary ticket for the party is included with full convention registration. Additional tickets can be purchased by any attendee for $30.
- Awards Luncheon, featuring entertainment by the Funkywunks: Aug. 22, noon – 1:30 p.m.
Florida Realtors honors Realtor excellence and service at this ticketed event, including recognizing the Humanitarian of the Year and Realtor of the Year and other award winners. Orlando dance troupe the Funkywunks was a contender on the World of Dance TV show in 2018, making it to the third week of the duels. Judges praised their high-energy, funky and entertaining routines, specifically noting the group’s commitment and innovative choreography. Tickets for the Awards Luncheon are $50 and will be sold until noon on Aug. 22, or as long as they’re available.
- Closing Session Keynote with Ryan Serhant: Aug. 22, 4 – 5p.m.
Learn Serhant’s professional secrets, as the super sales broker and Bravo TV star tells his rags-to-riches story: “The Four W’s: How identifying Your Way, Work, Wall & Win Leads to Success.” One complimentary ticket is included with full convention registration. One additional ticket can be purchased by full convention attendees for $30.
- The Trade Expo, Aug. 21, 9 a.m. – 6 p.m., and Aug. 22, 8:30 a.m. – 4 pm.
The expo features more than 200 industry experts and exhibitors showcasing the latest marketing and technology products. Attendance to the Trade Expo (Expo only admittance) is free!
Some of the sponsors for the 2019 convention include: Title Sponsor, BoomTown!; Titanium Association Sponsors, RAPB +GFLR, (Realtors Association of the Palm Beaches and Greater Fort Lauderdale Realtors) and Miami Realtors; Titanium Sponsors, Northeast Florida Association of Realtors, RealtyWEB.net, Metro Market Trends and Stellar MLS; Diamond Association Partner, Orlando Regional Realtor Association; Ruby Association Partner Sponsor, Royal Palm Coast Realtor Association; Gold Partners, Century 21 and realtor.com; Sapphire Association Partner Sponsor, Naples Area Board of Realtors; Vehicle Sponsor, FCA – Fiat Chrysler Automobiles; Emerald Association Partner, Greater Tampa Realtors and Realtor Association of Sarasota and Manatee; Popcorn Sponsor, Form Simplicity; Registration Bag Sponsor, Florida Realtors PAC; Notepad Sponsor, Find a Mortgage Broker.com; Interactive Wall Sponsor, wizehire; General Sponsors, American Home Shield, America’s Title Corp., gte financial, Realtors Association of Citrus County, Dot Loop, HomeSnap, HomeTeam Inspection Service, Freedomtax International, Loan Genuis, NARPM, Supreme Title and Escrow and Tenantreports.com.
Register online through Aug. 12 for the Florida Realtors convention or by calling 1-800-669-4327. The full event registration fee for members is $150 through July 19 and $160 from July 20 – Aug. 12, 2019. The cost is $175 for non-members through July 19 and $185 from July 20 – Aug. 12. After Aug. 12, registration will be handled at the convention site. For more info, check out http://convention.floridarealtors.org/.
Florida Realtors® serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to its more than 187,000 members in 52 boards/associations. Florida Realtors® Media Center website is available at http://media.floridarealtors.org.
SOURCE Florida Realtors
360Quadrants Recognizes IBM, Microsoft and Salesforce as Visionary Leaders in the AI in Fintech Space
AI in Fintech solutions are used by enterprises to perform finance-related tasks that traditionally require human intelligence. These solutions leverage AI-equipped technology to allow the financial sector to design better investment strategies, swiftly detect anomalies, recognize patterns in data, implement voice recognition, and engage in thorough market analysis. Simply put, the AI in Fintech market hosts vendors that provide AI-enabled Fintech solutions.
360Quadrants the most granular comparison platform has released a quadrant on AI in Fintech Solutions to help businesses make quicker and more informed decisions. The quadrant has IBM, Microsoft and Salesforce sharing space as Visionary Leaders. 360Quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analysis and developments in AI in Fintech.
AI in Fintech Solutions Quadrant Highlights
360Quadrants covers 79 companies in the AI in Fintech Solutions space and places the top 44 of them in a quadrant depending on their quality, reliability, and business outcome. These 44 companies are categorized into Visionary Leaders, Dynamic Differentiators, Emerging Companies, and Innovators.
360Quadrants recognizes Intel Movidius Neural Compute Stick, Amazon AWS Alexa, Salesforce Einstein, Google Cloud Platform, Microsoft Cortana Intelligence Suite, and IBM Watson Platform as Visionary Leaders; IPSoft Amelia, ComplyAdvantage, Nuance Virtual Assistance, Inbenta InbentaBot, Digital Reasoning Conduct Surveillance as Innovators; Samsung and Microstrategy HyperIntelligence as Dynamic Differentiators; and DataRobot, Razorthink Big Brain, Numenta HTM for Stocks suite, Anodot AI Analytics, Brighterion Smart Agents, Kasisto Kai Banking, Next IT Alme, ZestFinance ZAML, Ayasdi Enterprise AI, Voyager Analytics, AlphaSense and Wallet. AI as Emerging Companies. The 360Quadrants platform provides the most granular AI in Fintech Solutions comparisons between vendors.
Additionally, 360Quadrants has dived deep into research and released a niche region-specific quadrant. This quadrant recognizes the top player in the market in specific regions. The regional quadrant covers North America, Europe, Asia Pacific, MEA, and Latin America. Intensive research was conducted to place companies in regional quadrants based on their developments, presence—both online and physical—and support/reach in specific regions. IBM Watson, Salesforce, and Microsoft are recognized as Visionary Leaders across regions. In the North America and Asia Pacific regions, Intel Movidius Neural Compute Stick is recognized as a Visionary Leader by 360Quadrants. Finally, for Latin America and MEA, 360Quadrants recognizes AWS as a Visionary Leader.
The methodology used to rank AI in Fintech Solutions companies involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 44 key vendors were shortlisted based on their breadth of product offerings, organization size, and other criteria. The scores and weights for shortlisted vendors against each parameter were finalized post research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on their score in the product offering and business strategy parameters.
Fintech1 month ago
Broadridge Announces Innovations for the Updated European Shareholder Rights Directive
Latest News4 weeks ago
Deloitte and Experfy Announce Alliance to Create an Innovative Future of Work Model That Will Embed Experfy’s Top On-Demand Freelance Talent Into Deloitte’s Leading Analytics and AI Offerings
Fintech2 months ago
Coinplug receives its fourth Korean government project of 2019
Fintech3 months ago
New App Makes Proxy Voting Easier for Individual Investors
Latest News1 month ago
TokenMarket Receives FCA Approval to Run Security Token Offering in Regulatory Sandbox
Latest News1 month ago
One Year In, J5 Making a Difference
Fintech3 months ago
VC Investment In The U.S. Remains Strong At $32.6 Billion In Q1′ 2019 With Unicorn IPOS Looming: KPMG Report
Latest News1 month ago
OKEx Gives away EUR65,000-worth Bonus in Celebration of Litecoin Halving