Machine learning is a certain type of artificial intelligence that allows the development of systems that can learn without being programmed to do so, or with only minimum startup logic. The primary way in which machine learning works is that the system develops knowledge or intelligence in response to continual exposure to new data.
Inside machine learning’s hidden math.
AI Glossary is a semi-regular column diving into the oft-misunderstood fields of machine learning and artificial intelligence by way of their frequently imperfect jargon.
A beginners’s guide to Ethereum
The World Economic Forum just published a fascinating article charting the growth of the European startup scene, contrasting it to the larger tech ecosystems of Silicon Valley and Asia. If you’re a European founder, you’ve got cause to be optimistic — funding is easier to get, there’s so much innovation happening here, and tech talent is everywhere.
RNS Number : 1974F
Lionsgold Limited (“Lionsgold”, “LION” or the “Company”), the gold-focused exploration company with assets in India and Finland and a significant shareholder of a physical gold ownership online exchange, is pleased to announce the release of LION’s financial technology (“fintech”) gold application: “IndexGold”. The website and trading platform is now live at www.indexgold.com which enables the public to directly own, store and trade physical gold and silver.
Share Talk took an opportunity to speak to Cameron Parry, CEO of Lionsgold Ltd (AIM:LION) about today’s Fintech Gold RNS. Click below to access the interview.
Financial Technology (otherwise known as FinTech), is drastically changing the way financial service firms operate and the way that the world of money functions; transforming the ways in which we transfer, borrow and manage our finances. Throughout the UK in particular, FinTech is growing in stature and popularity.
Take a look at our infographic below which delves into some FinTech facts and figures…
Some banks are more active than others.
JP Morgan, at one end of the spectrum, only booked three fintech deals last year, which is the same as they did for 2015.
Companies like Barclays and Goldman Sachs have more of a shotgun approach: get in on as many fintech companies as possible. Barclays invested in 23 deals in 2016 for a 53% increase in activity, while Goldman got in on 17 deals for a 31% bump in activity.
The market for fintech, or financial technology software, was one of the hottest sectors in 2015.
The time is ripe for financial innovation: new technologies are helping end users skip past gatekeepers and intermediaries to customize their use of financial products. Meanwhile, many of the same technologies are also erasing the inefficiencies of banks and other financial institutions to cut costs in ways the industry never deemed possible. Lastly, innovations such as the blockchain are changing the way banks approach their most basic mechanisms – as a result, even the most fundamental practices in banking are evolving.
Natixis, have pioneered the first Blockchain solution in commodity trade finance for US crude oil transactions. The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the Blockchain, ensuring improved transparency, enhanced security, and optimized efficiency.