API World

News and case studies on embedded finance, APIs and much more

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15 MARCH 2017

Ebook: Predictive APIs, a new level to value data

Predictive APIs are enabling the accessible use of machine learning. They detect data patterns and assign the probability that a future fact belongs to that particular pattern, and they generate an efficient prediction model.

These APIs enable developers to create models using historic information in financial institutions to detect fraud, in large corporations to control price policies, in electric companies to anticipate demand, etc. There are numerous examples.