Capital One looked to technology to help navigate economic uncertainty as it invested in machine learning during the first quarter. The $471 billion bank saw a 3% year-over-year increase in communications and data processing to $350 million as the bank used machine learning (ML) to assist in making business decisions based on market sentiment, Capital […]
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Source: https://bankautomationnews.com/allposts/retail/capital-one-invests-in-ml-during-q1/
- a
- and
- AS
- assist
- Bank
- based
- Billion
- business
- capital
- capital one
- Communications
- data
- data processing
- decisions
- during
- Economic
- economic uncertainty
- First
- help
- HTTPS
- in
- Increase
- invested
- Invests
- IT
- jpg
- learning
- looked
- machine
- machine learning
- Making
- Market
- market sentiment
- million
- ML
- Navigate
- on
- ONE
- plato
- Plato Data Intelligence
- PlatoData
- processing
- Q1
- Quarter
- sentiment
- Technology
- The
- to
- Uncertainty
- used
- zephyrnet
More from Bankinnovation
Europe’s fintech future looks a lot like traditional banking
Source Node: 1770398
Time Stamp: Dec 8, 2022
5 questions with … Banco Santander Global CIO David Chaos
Source Node: 1803134
Time Stamp: Feb 13, 2023
FIS’s job cuts reach 2,600 as fintech giant’s review continues
Source Node: 1799252
Time Stamp: Feb 2, 2023
Monzo aims for growth over quick profit during fintech downturn
Source Node: 1591509
Time Stamp: Jul 14, 2022
Bank of America to spend $3.7B on tech development in 2023
Source Node: 1804087
Time Stamp: Feb 17, 2023
