AI
SWIFT is building a new platform that will let it run cutting edge analytics on over 10 billion transactions a year using a containerised on-premises infrastructure, federated learning models and unique software-defined memory to help it utilise its existing hardware stack, says Chief Innovation Officer Tom Zschach. The platform will
"The 'one ring to rule them all', is Artificial Intelligence"
Whilst the intent to innovate with data is there, often the reality is a different story...
"Modern AI factories with data as the raw material input and intelligence as the output"
Criminals are evading traditional rules-based monitoring and it’s costing banks a fortune