Supervised and unsupervised learning
Tze Leung Lai, Haipeng Xing · 2024
Machine learning has been playing an important role in finance and insurance. It revolutionizes the way how financial institutions make decisions and manage risk. The applications of machine learning in finance and insurance are very broad, ranging from algorithmic trading, portfolio management, credit scoring, and risk management to predictive analytics, fraud detection, sentiment analysis, and regulatory compliance.