Fintech is booming. Global investment in fintech at the end of 2015 stood at just over $19 billion, an increase of nearly 700% from 2011. Machine learning drives fintech. In lending, security, payment systems, insurance, compliance, and other fintech sectors, innovative analytics are essential to success. To compete with big banks and insurers, successful fintech entrepreneurs build cutting-edge machine learning into the products and services they offer.
In this paper, courtesy of FinTech Connect Gold Sponsor DataRobot, the DataRobot team explain how machine learning automation solves three key problems:
- The data science talent shortage
- The difficulty caused by long project timelines in satisfying clients and booking revenue.
- The headace surrounding provisioning machine learning platforms