Alejandro Martinez, CEO of SDG Group, recently discussed the potential of Artificial Intelligence (AI) and Natural Language Processing (NLP) in fraud detection for the banking and insurance industries. NLP is the area of AI that focuses on the analysis of both spoken and written human language, and can be used to structure, interpret, exploit and incorporate a huge amount of language-related data into production processes. Banks must comply with multiple data privacy regulations, and solutions based on blockchain and multiparty secure computing (MPC) allow different decentralized data sources to work securely within a joint project.
