An epic battle is taking place in the world of banking fraud and financial crime. Banks and fraudsters are using the latest technology, and the winner of the war has yet to be determined. While AI and GenAI hold incredible transformative potential for banks and are being used in countless
The human body is often described as a well-oiled machine, where each part has a specialized function that contributes to the overall function of the machine. But when one part is damaged, the entire machine can stop working – and it’s often the smallest piece that has the biggest impact.
Many of us have fond memories of a Family Feud host saying, “And the survey says…!” as the game show’s answer board lit up, bringing joy or disappointment to the contestants. For some, the host who comes to mind is Richard Dawson or Ray Combs, while today’s fans likely think
As data decays, it becomes less useful. See how synthetic data for insurance can help.
To stay ahead, organizations must thrive rather than compete. Demand forecasting is one of the most critical tools in this pursuit. Organizations that excel at demand forecasting have a clear edge, whether anticipating customer needs or managing supply chain disruptions. By predicting what customers want and when they’ll want it, companies can
Decades ago, it was a challenge to generate (pseudo-) random numbers that had good statistical properties. The proliferation of desktop computers in the 1980s and '90s led to many advances in computational mathematics, including better ways to generate pseudorandom variates from a wide range of probability distributions. (For brevity, I
Climate risks threaten insurers' profitability and financial stability. See how insurers can adapt.
The ongoing impact of inflation on the economy is a persistent news headline. Organizations around the world are exploring how data and AI can help lower costs and improve efficiency. Georgia-Pacific, one of the world’s largest manufacturers of pulp and paper products, is ahead of the curve. They are poised
The article "Order two-dimensional vectors by using angles" shows how to re-order a set of 2-D vectors by their angles. Because angles are on a circle, which has no beginning and no end, you must specify which vector will appear first in the list. The previous article finds the largest
The search to maximize our own productivity is never-ending. We all want to be more efficient in our work and carve out more time with loved ones. As you assess data and AI technology to automate processes and maximize efficiency, you may wonder if it’s truly possible for you or
In SAS Viya, users can customize a project management environment by using a file that contains metadata about the organization’s project progress. This process allows the management team to track and interact with the project’s ongoing steps.
Customer trust is a multifaceted thing. On one hand, earning and keeping it requires marketers to overcome a myriad of threats. On the other hand, trust is almost universally revered by marketers, and once obtained, the benefits are plentiful. A new report from Harvard Business Review Analytic Services and sponsored
Fairness, transparency, integrity and competition are essential for managing public funds. We rely on departments to choose the best value from the private sector. Efficient public procurement improves services, infrastructure, and the economy. It must also be accountable to the public by protecting financial loss from fraud, waste, abuse, and
Step behind the scenes to see the role of neural networks in detecting payment fraud.
It is no surprise that generative AI (GenAI) is quickly becoming a potent tool in the health and life sciences industry. There are numerous ways that AI and GenAI can help beat the rising tide of fraud. We can count on these new technologies to enable the ability to commit
Protein is an essential macronutrient that is used to build and repair tissues, produce enzymes, hormones, and many other functions. Protein is also essential for maintaining a healthy weight. Eating adequate protein can help keep you feeling full longer, stabilize glucose levels and it helps to support lean muscle mass.
Headlines about government spending often highlight eye-catching, big-ticket items like transportation infrastructure projects or military equipment. However, smaller expenses also accumulate – significantly and often undetected. In fiscal year 2024, the US federal government spent $6.75 trillion on various goods, services and programs, and the UK central government spent £35.2
Order matters. The order of variables in tables and rows of a correlation matrix can make a big difference in how easy it is to observed correlations between variables or groups of variables. There are many ways to order the variables, but this article shows how to display the variables
Fraud knows no boundaries. It’s one of the biggest challenges related to tax governance around the world. Tax crimes have serious consequences – tax losses, tax base erosion, national security risks and economic disruption. The effect is far-reaching. Governments are strained to fill the gap between revenues and spending and
Making informed decisions quickly is more critical than ever. As markets shift and customer expectations evolve, companies need tools to process vast data and turn insights into actionable strategies. That’s where SAS Decision Builder comes in, now available through Microsoft Fabric's public preview announced at Microsoft Ignite. With SAS Decision
The global hype cycle of AI, driven in large part by ChatGPT, is dying down and real-world artificial intelligence (AI) adoption and application are taking hold. Early adopters are reaping rewards, and AI leaders are driving significant change in their business models. Banking as a sector was quick to grasp
Lisa Allred, Senior Program Manager in Work/Life, is joined by her adult child, Finn Draper. Finn is a non-binary therapist at Three Oaks Behavioral Health in Wake County. This week is Transgender Awareness Week. If you want to find activities in your community, check with your local LGBTQ+ Center. In
Insurers are racing to adopt GenAI, despite concerns. See where the industry is headed.
In a correlation analysis, it is common to consider the correlations between all pairs of numerical variables. That is, if there are k numerical variables, most people examine the complete k x k matrix of correlations. This matrix is symmetric and has 1s on the diagonal, so more than half of the
Fearmongers would have you believe that AI will replace us, but I truly believe there has never been a better time in history to be a developer. With the advance of artificial intelligence into generative AI (GenAI) and enhanced computing power, we stand on the brink of a new era
As consumers increasingly embrace a mobile-first lifestyle, businesses across various industries – from retail and banking, to insurance and telecommunications – are under pressure to create personalized and engaging customer experiences. The ability to reach customers through the right channel at the right time is essential for enhancing customer engagement,
Data scarcity, privacy and bias are just a few reasons why synthetic data is becoming increasingly important. In this Q&A, Brett Wujek, Senior Manager of Product Strategy at SAS, explains why synthetic data will redefine data management and speed up the production of AI and machine learning models while cutting
Synthetic data generation, as its name suggests, is one component of generative AI. With this technology, marketers can generate artificial data sets that share the attributes and characteristics of real customer data. As marketers continue to expand their use of both traditional AI and GenAI, synthetic data generation reduces the
It is estimated that over 2 million new cases of cancer will be diagnosed in the US this year. Over 40% of those cases could be prevented through lifestyle changes. The foods and beverages that we consume on a regular basis can either increase or decrease our risk for cancer.
Balancing a career and raising a family is a juggling act, and we’re proud to support parents with on-site childcare, a generous childcare subsidy, family-friendly programs and industry-leading workplace flexibility to make life a little easier. Casey Hensley, HR Business Partner, experienced this support firsthand as she and her husband
