
Fintech Nubank to launch personal loans for Mexican market
By Valentine Hilaire MEXICO CITY Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch
2023-09-05 19:25

Analysis-US banks hold $3.3 trillion cash amid banking crisis, slowdown worries
By Saeed Azhar and Ann Saphir NEW YORK/SAN FRANCISCO U.S. lenders are holding onto large piles of cash
2023-09-05 18:48

UBS to absorb Credit Suisse's Securities Research offering
(Reuters) -UBS will absorb Credit Suisse's Securities Research service later this month, wrapping the business into its own research operations,
2023-09-05 18:46

S&P Global raises reinsurance sector view to stable from negative on higher prices
By Carolyn Cohn LONDON (Reuters) -S&P Global has raised its view of the global reinsurance sector to stable from negative,
2023-09-05 18:45

Cuba uncovers Russia-Ukraine war trafficking ring
Cuban officials say a human trafficking ring is recruiting Cubans to fight in the war in Ukraine.
2023-09-05 18:28

Marketmind: Global business splutters, dollar surges
A look at the day ahead in U.S. and global markets from Mike Dolan August global business soundings continue to
2023-09-05 18:24

Spain floods: Boy survives by clinging to tree overnight
The 10-year-old climbed on to a tree after his family's car was swept into a river by deadly floods.
2023-09-05 18:21

Artificial intelligence could replace referees within 30 years – expert
Referees could be replaced by robots within the next 30 years, an expert in the field believes. Artificial intelligence is already prominent in officiating, with the use of VAR and goalline technology, but it is expected to heavily increase in the future. With more high-quality data available, it could be possible for matches to be officiated by an AI-powered machine, taking away the need for an on-field human referee. “Computer vision will be more and more effective in the next few years and the number of cameras on the pitch will only increase,” Aldo Comi, chief executive of leading global football analytics provider Soccerment, told the PA news agency. “The amount of data that is tagged and the quality of the models that are trained with that data will increase exponentially and thanks to that you will have AI models that can make refereeing decisions on the back of what they see on the pitch. “So we might get to the point where we don’t need a referee at all. “Before that, you will maybe have a referee but not linesmen, maybe they will be the first to disappear from the game. And you will have the referee connected to the virtual assistant, guiding them to make better decisions. “Ultimately in a matter of 20 or 30 years probably the referee will be just an AI. I am not saying this is positive, I’m just saying it is likely to happen.” The increase of AI and machine learning in football will not be restricted to officiating and it is already present in the game. The use of data analytics have helped the likes of Brighton and Brentford disrupt the established Premier League hierarchy as they have unearthed high-quality signings which they have sold on for significant profits. But the improvement in the integration of data could see managers using a virtual coach to help them with team selection and tactics. “AI can become a source of new ways of thinking about the game in the next few years,” Comi added. “If you give AI enough high-quality data, you will have the possibility to have a virtual assistant, which will have a better understanding of what is going on the pitch. Ultimately in a matter of 20 or 30 years probably the referee will be just an AI Aldo Comi, CEO of data analtyics company Soccerment “By having the data analysed by AI you can train models to better understand what will happen in the future, for example understanding the probabilities of what is happening in the next five or 10 minutes. “By having this predictive analytics, the AI can give you a so-called prescriptive analytics. It says, ‘Things are expected to go this way, in order to improve your chances I have 10 ideas’. “That could be swapping two players or changing the structure of the team. “The things that the AI suggests will be filtered by the assistant coach and then pass on the information to the manager and it will be up to him to accept. “There will be AI, but not replacing professionals, but it is more of a high-quality support. The clubs that can get this sport will outperform the ones that refrain from having it.” Comi, whose company serve several Serie A and Serie B clubs, says that people will need to learn to trust AI but the evidence of it working is already out there. He added: “It will take time to trust, but in the same way with data analytics, there are enough positive cases to say that you can out-perform the others, we have seen it with Brentford and Brighton. “The advantage that AI can give you is X times more important than data analytics.” :: Soccerment has launched a new platform, xvalue.ai, which has introduced never seen before metrics such as Gegenpressing Intensity (GPI), Expected Offensive Value Added (xOVA), Gegenpressing Efficiency (GPE) and BuildUp Disruption Percentage (BDP%), providing users with more data insights than ever before. For more details visit www.soccerment.com Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Football rumours: Al-Ittihad set to make record £215m bid for Mohamed Salah Joe McCarthy delighted after wrestling his way into Ireland’s World Cup squad On This Day in 2020: Ian Bell announces intention to retire from cricket
2023-09-05 15:48

Asian shares slide as China optimism fades; RBA keeps rates steady
By Ankur Banerjee SINGAPORE Asian stocks fell on Tuesday as weak service sector data rekindled worries over China's
2023-09-05 14:26

Marketmind: China optimism dissipates after weak data
A look at the day ahead in European and global markets from Ankur Banerjee Investor sentiment on China remains fragile,
2023-09-05 12:47

Projected college football rankings after Duke upsets Clemson to close out Week 1
The No. 9 Clemson Tigers started off the 2023 season in the worst way possible, losing 28-7 to the Duke Blue Devils.
2023-09-05 12:28

China Services Ease in Knock to Recovery, Survey Shows
A private survey of China’s services sector showed activity expanded at the slowest rate this year in August,
2023-09-05 11:51