Big Data in Banking Industry Fuels the Growth of Artificial Intelligence & Advanced Machine Learning Market
The artificial intelligence deals with simulation techniques; it involves the machines that are capable of performing similar tasks as humans; such as decision making and speech recognitions. Machine learning is an extended application of artificial intelligence, which allows the software applications to predict the outcomes accurately. Further, it can analyze the big data and extract information from it. In the banking industry, these help in fraud detection by tracking unusual transactions.