Federated AI for Banking and Finance
Developing high quality AI tools and applications requires high quality data. The success of Google and Facebook is due to their access to the very large volumes of data generated by the use of their products. The business of banking and finance generates large amounts of data, but access runs into both inter- and intra-company barriers. This talk will use a simple lending example to illustrate the needs, and then discuss some emerging technologies, which we call Federated AI, that show promise in addressing the barriers without compromising privacy and trust.
Alan King is an applied mathematician with IBM's Thomas J. Watson Research Center in Yorktown Heights, New York. His current focus is on AI and Blockchain applications for the Financial Services Sector.