BankingOnCloud
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BankingOnCloud
Digital Banking and Interaction
Curated by Arif Ahmed
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The data that transformed AI research—and possibly the world

The data that transformed AI research—and possibly the world | BankingOnCloud | Scoop.it
In 2006, Fei-Fei Li .. saw her colleagues across academia and the AI industry hammering away at the same concept: a better algorithm would make better decisions, regardless of the data. But she realized a limitation to this approach—th
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Apple unveils Business Chat, which brings customer service and shopping into iMessage

Apple unveils Business Chat, which brings customer service and shopping into iMessage | BankingOnCloud | Scoop.it
Apple just unveiled Business Chat, its bid to turn iMessage into a communication platform that can compete with Facebook Messenger - and perhaps, make..
Arif Ahmed's insight:
Could be very powerful... not sure about end to end security, though
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Google Confirms Purchase Of Kaggle, A Data Science Hub | Androidheadlines.com

Google Confirms Purchase Of Kaggle, A Data Science Hub | Androidheadlines.com | BankingOnCloud | Scoop.it
Google confirmed it's acquiring Kaggle, a data science and machine learning hub. The Mountain View-based tech giant announced the acquisition at the latest
Arif Ahmed's insight:
A good move by Google
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Google in the cloud

Google in the cloud | BankingOnCloud | Scoop.it
This is a pivotal week for Google Cloud Platform. As it hosts its annual Google Cloud Next Conference in San Francisco, it will offer the usual lineup of..
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Google starts testing Instant Apps in the wild

Google starts testing Instant Apps in the wild | BankingOnCloud | Scoop.it
One of the biggest surprises at last year's Google I/O developer conference was the announcement of Instant Apps for Android. These new kinds of apps are..
Arif Ahmed's insight:
Waiting...
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Watch a Tesla predict a car crash 2 vehicles ahead

Watch a Tesla predict a car crash 2 vehicles ahead | BankingOnCloud | Scoop.it
Tesla's autopilot radar was able to predict a car accident 2 cars ahead of the driver.
Arif Ahmed's insight:
The impact could be huge: Globally, nearly 1.3 million - 37k in the US- people die in road crashes each year,l. An additional 20-50 million-- 2.35M in the US -- are injured or disabled. Road traffic crashes rank as the 9th leading cause of death and account for 2.2% of all deaths globally. Road crashes are the leading cause of death among young people ages 15-29, and the second leading cause of death worldwide among young people ages 5-14 Road crashes cost USD $518 billion globally, costing individual countries from 1-2% of their annual GDP.
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Amazon wants you to feel like you’re shoplifting from its new grocery store

Amazon wants you to feel like you’re shoplifting from its new grocery store | BankingOnCloud | Scoop.it
You can simply scan your phone, pick your food up off the shelf, and walk out.
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A deep-learning machine was trained to spot criminals by looking at mugshots

A deep-learning machine was trained to spot criminals by looking at mugshots | BankingOnCloud | Scoop.it
Arif Ahmed's insight:
The referred paper opens with, "we study, ..[a technique]..., which is free of any biases of subjective judgments of human observers." What arrogance! Not true: AI algorithms are known to be biased and do overfit when fed with a limited set of non-diverse datasets, just like humans with limited diversity in experience.
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The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal

The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal | BankingOnCloud | Scoop.it
10x Future Technologies is going to build Virgin Money's new digital banking platform, a 'significant' deal for the startup.
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Wal-Mart Pay in talks with several mobile wallet companies

Wal-Mart Pay in talks with several mobile wallet companies | BankingOnCloud | Scoop.it
Wal-Mart Stores Inc (WMT.N) is in talks with several mobile wallet companies to offer more payment options in its Wal-Mart Pay app, an executive at the world's largest retailer said, after signing up JPMorgan Chase & Co (JPM.N) last week.
Arif Ahmed's insight:
More interesting is the fact that they designed the wallet for the Millennials but GenX /Boomers are using it more... back to the drawing board ;-)
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Top FinTech Influencers in the United States of America

Top FinTech Influencers in the United States of America | BankingOnCloud | Scoop.it
This article from Let's Talk Payments talks about the top FinTech influencers in the United States of America.
Arif Ahmed's insight:
Thanks @LetsTalkPaymnts!!!
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UBS leads team of banks working on blockchain settlement system | Reuters

UBS leads team of banks working on blockchain settlement system | Reuters | BankingOnCloud | Scoop.it
Swiss bank UBS (UBSG.S) is leading a team of four of the world's biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology.
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LendUp fights big banks with $47M for compassionate credit cards

LendUp fights big banks with $47M for compassionate credit cards | BankingOnCloud | Scoop.it
Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it's this exploitative experience that makes banks..
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AI and ‘Enormous Data’ Could Make Tech Giants Like Google Harder to Topple

AI and ‘Enormous Data’ Could Make Tech Giants Like Google Harder to Topple | BankingOnCloud | Scoop.it
A new record-breaking research paper is a reminder that AI could make Google, Facebook, and Amazon more immune to competition.
Arif Ahmed's insight:
The unreasonable effectiveness of 'more' data & Power Law make a great argument here..
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ARM unveils major new microarchitecture with AI in mind

ARM unveils major new microarchitecture with AI in mind | BankingOnCloud | Scoop.it
Chip designer ARM has announced a major new generation of processor microarchitecture, designed to enable the power and flexibility required by the artificial intelligence era.
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Oh the humanity! Poker computer trounces humans in big step for AI

Oh the humanity! Poker computer trounces humans in big step for AI | BankingOnCloud | Scoop.it
Libratus, an artificial intelligence robot, has won chips worth $1.5m from four of the world’s top poker players in a three-week challenge at a Pittsburgh casino
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This phone has a built-in tricorder. Really.

This phone has a built-in tricorder. Really. | BankingOnCloud | Scoop.it
The Changhong H2 is the world's first smartphone with a molecular sensor, the SCiO scanner from Consumer Physics.
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Truckers think automation won’t take their jobs for 40 years. Silicon Valley strongly disagrees.

Truckers think automation won’t take their jobs for 40 years. Silicon Valley strongly disagrees. | BankingOnCloud | Scoop.it
As far as most truckers can tell, the danger of losing their jobs to robots is still a long, long way off. "I don’t have a single member who’s ready to buy a bunch of automated trucks even if they could,” says R.
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OCC: OCC To Consider Fintech Charter Applications, Seeks Comment

Comptroller of the Currency Thomas J. Curry today announced that the Office of the Comptroller of the Currency (OCC) would move forward with considering applications from financial technology (fintech) companies to become special purpose national...
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Brain and Spine Implants Let a Paralyzed Monkey Walk Again

Brain and Spine Implants Let a Paralyzed Monkey Walk Again | BankingOnCloud | Scoop.it
An animated gif shows a paralyzed monkey walking with the help of a brain-spine interface.
Arif Ahmed's insight:
Pure magic !!
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The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal

The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal | BankingOnCloud | Scoop.it
10x Future Technologies is going to build Virgin Money's new digital banking platform, a 'significant' deal for the startup.
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Samsung acquires Viv, a next-gen AI assistant built by the creators of Apple’s Siri

Samsung acquires Viv, a next-gen AI assistant built by the creators of Apple’s Siri | BankingOnCloud | Scoop.it
Samsung has agreed to acquire Viv, an AI and assistant system co-founded by Dag Kittlaus, Adam Cheyer and Chris Brigham — who created Siri, which was..
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I rode in a self-driving Uber, and I’m glad there was a real driver as backup

I rode in a self-driving Uber, and I’m glad there was a real driver as backup | BankingOnCloud | Scoop.it
A test ride in a semiautonomous taxi in Pittsburgh shows the technology is not quite ready.
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Apple acquired Gliimpse, a personal health data startup

Apple acquired Gliimpse, a personal health data startup | BankingOnCloud | Scoop.it
Apple has reportedly acquired health data startup Gliimpse, a company that collects and combines disparate threads of personal health info. Fast Company..
Arif Ahmed's insight:
Healthcare data needs to be tamed .. Good start!!
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