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Banks are now actively investing in corporate banking solutions that help them cope with challenges and discover new opportunities. Digital transformation is a way to expand their customer base and improve the user experience through the use of modern technologies. They enhance commercial banking software, allowing financial institutions to cooperate with corporate customers more closely…
Today companies have not only to survive during pandemic times but also keep their wits above one to stand against various hacker attacks and fraudulent activities. Businesses worldwide lost $42 billion due to fraud, according to the PwC’s Global Economic Crime and Fraud Survey 2020. To protect their revenues and confidential information, companies used rule–based…
Knowledge of foreign languages is a very significant advantage in the labor market today. According to the British Council, more than 1.5 billion people around the world are currently learning English. It provides a competitive edge and increases your professional value. By the way, being proficient in several languages opens wide job opportunities and sets…
Machine learning has been steadily penetrating our lives. This technology is widely used in various industries, such as telecommunications, e-commerce, marketing, healthcare, and so on. The global ML market size reached $8.43 billion in 2019 and is expected to grow to $117.19 billion by 2027, according to Fortune Business Insights. Today, we’re going to discuss…
The terms Machine Learning and Artificial Intelligence were first mentioned in the 1950s. However, engineers of those times could hardly imagine that the tools and technology facilitating engineering work could do exactly what they can do now. Our today’s article describes how intelligent machines capable of replicating the human brain affect the world of engineering,…