How AI-powered data is transforming banking and financial services

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The financial services industry is revolutionized by AI-driven "alpha data" - alternative sources offering competitive advantages beyond traditional feeds. While institutions once relied on Bloomberg and Reuters for insights, today's edge comes from vast, unstructured data from unexpected sources. For instance, Chinese lender Smart Finance analyzes 1,200 data points per applicant, including phone battery level, for instant lending decisions. This shift requires:

· Unsupervised machine learning for hidden patterns
· Massive-scale data analysis without set objectives
· Real-time, personalized risk assessments

Discover how to use AI-powered alpha data in your company.

Vendor:
QA
Posted:
Apr 10, 2025
Published:
Apr 11, 2025
Format:
HTML
Type:
Blog
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