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AI and Financial Crime Prevention: Why Banks Need a Balanced Approach

Unite.AI

AI presents a new way of screening for financial crime risk. Machine learning models can be used to detect suspicious patterns based on a series of datasets that are in constant evolution. XAI is a process that enables humans to comprehend the output of an AI system and its underlying decision making.

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How Quality Data Fuels Superior Model Performance

Unite.AI

Its not a choice between better data or better models. The future of AI demands both, but it starts with the data. Why Data Quality Matters More Than Ever According to one survey, 48% of businesses use big data , but a much lower number manage to use it successfully. Why is this the case?

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Understanding Machine Learning Challenges: Insights for Professionals

Pickl AI

Summary: Machine Learning’s key features include automation, which reduces human involvement, and scalability, which handles massive data. It uses predictive modelling to forecast future events and adaptiveness to improve with new data, plus generalization to analyse fresh data. What is Machine Learning?

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Navigating Explainable AI in In Vitro Diagnostics: Compliance and Transparency Under European Regulations

Marktechpost

The Role of Explainable AI in In Vitro Diagnostics Under European Regulations: AI is increasingly critical in healthcare, especially in vitro diagnostics (IVD). The European IVDR recognizes software, including AI and ML algorithms, as part of IVDs.

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What is Data-driven vs AI-driven Practices?

Pickl AI

Define AI-driven Practices AI-driven practices are centred on processing data, identifying trends and patterns, making forecasts, and, most importantly, requiring minimum human intervention. On the other hand, AI-based systems can automate a large part of the decision-making process, from data analysis to obtaining insights.

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How data stores and governance impact your AI initiatives

IBM Journey to AI blog

They’re built on machine learning algorithms that create outputs based on an organization’s data or other third-party big data sources. Sometimes, these outputs are biased because the data used to train the model was incomplete or inaccurate in some way.

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MLOps Landscape in 2023: Top Tools and Platforms

The MLOps Blog

How to evaluate MLOps tools and platforms Like every software solution, evaluating MLOps (Machine Learning Operations) tools and platforms can be a complex task as it requires consideration of varying factors. Pay-as-you-go pricing makes it easy to scale when needed.