{"id":7488,"date":"2018-03-05T10:34:28","date_gmt":"2018-03-05T15:34:28","guid":{"rendered":"https:\/\/michigan.it.umich.edu\/news\/?p=7488"},"modified":"2024-07-08T06:06:01","modified_gmt":"2024-07-08T10:06:01","slug":"ai-financial-industry","status":"publish","type":"post","link":"https:\/\/michigan.it.umich.edu\/news\/2018\/03\/05\/ai-financial-industry\/","title":{"rendered":"How AI will affect the financial industry in 2018"},"content":{"rendered":"
\"woman

(Clinc)<\/p><\/div>\n

Over the last few years, artificial intelligence has helped push the envelope in terms of technological advancements in the financial industry. For example, consumers can use facial recognition to log in to financial apps and use voice commands to check their balances. In an article on Forbes.com<\/a>,\u00a0Jason Mars<\/strong>, a computer science professor at U-M and the CEO of\u00a0Clinc, discusses how artificial intelligence will evolve in 2018 and\u00a0is set to disrupt the industry even further. Using deep neural networks, Clinc has developed a\u00a0conversational AI platform\u00a0for financial institutions that supports the same natural language flow that you would have with a personal banker.\u00a0\u201cWe are going to continue to see more technology experts innovating in the banking space,\u201d Mars explained. \u201cYou’re going to get those deep computer science minds applying their talent to the financial space. You’re going to see tons more innovation and advancement.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the last few years, artificial intelligence has helped push the envelope in terms of technological advancements in the financial industry. For example, consumers can use facial recognition to log in to financial apps and use voice commands to check their balances. In an article on Forbes.com,\u00a0Jason Mars, a computer science professor at U-M and the CEO of\u00a0Clinc,\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":7494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_umich_oidc_access":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[5],"tags":[61,178,302,21],"class_list":["post-7488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-campus-news","tag-ai","tag-business","tag-entrepreneurship","tag-innovation"],"uagb_featured_image_src":{"full":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-e1520436821342.jpg",657,420,false],"thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-125x80.jpg",125,80,true],"medium":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-300x192.jpg",300,192,true],"medium_large":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-768x491.jpg",665,425,true],"large":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-700x448.jpg",600,384,true],"1536x1536":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-e1520436821342.jpg",657,420,false],"2048x2048":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-e1520436821342.jpg",657,420,false],"excerpt-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-200x140.jpg",200,140,true],"themonic-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-60x42.jpg",60,42,true],"ioslider-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-658x300.jpg",658,300,true],"post-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-665x425.jpg",665,425,true],"400x250-crop":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2018\/03\/clinc2-e1520436821342.jpg",391,250,false]},"uagb_author_info":{"display_name":"News Staff","author_link":"https:\/\/michigan.it.umich.edu\/news\/author\/mitnewsadm\/"},"uagb_comment_info":0,"uagb_excerpt":"Over the last few years, artificial intelligence has helped push the envelope in terms of technological advancements in the financial industry. For example, consumers can use facial recognition to log in to financial apps and use voice commands to check their balances. In an article on Forbes.com,\u00a0Jason Mars, a computer science professor at U-M and…","_links":{"self":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/7488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/comments?post=7488"}],"version-history":[{"count":5,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/7488\/revisions"}],"predecessor-version":[{"id":7490,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/7488\/revisions\/7490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/media\/7494"}],"wp:attachment":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/media?parent=7488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/categories?post=7488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/tags?post=7488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}