American Express sets up data analytics, risk & technology lab in IIT Madras

Kolkata: The American Express Data Analytics, Risk and Technology (DART) Laboratory was inaugurated at Indian Institute of Technology Madras on Thursday. The Lab aims to establish itself as a world-class hub of research in risk analytics and behavioral sciences by leveraging Machine Learning/Artificial Intelligence (ML/AI) and related technologies.

The lab would focus on risks that originate from human behavior and decisions. The overarching goal of the lab is to engineer technologies to best manage risk by developing a science-based understanding of humans’ strengths and weaknesses. It will also build talent for industry by partnering with academia.