“Consumers are being inundated with product and service pitches from established financial companies and startups, and choosing the best ones is becoming ever more difficult. Increasingly, advice is seen as the feature that can set one offering apart from another. However, tailoring every offering on an individual level poses major challenges. As a result, banks…
Month: January 2019
Case Study: AI-Powered Shopper Engagement and Conversion
“The brand decided to use CognitiveScale’s augmented intelligence and AWS infrastructure to apply machine learning to digital commerce. 23% increase in sales per session 44% increase in customer and visitor engagement” https://info.cognitivescale.com/shopper-engagement-and-conversionhttps://info.cognitivescale.com/shopper-engagement-and-conversion
TheEpochTimes: Netflix to use Artificial Intelligence To Track Down Account-Sharing Millennials
Netflix logo on an iPhone in Philadelphia, on July, 2017. (AP Photo/Matt Rourke) “Freely sharing Netflix login details with friends and family who live minutes, hours, or days away could become a thing of the past. The company is introducing new artificial intelligence (AI) technology to identify users who share login details with others to…
Retail Breaks Out of the AI Black Box
“In 2019, we’ll see more organizations move to glass box AI, which exposes the connections that the technology makes between various data points. For instance, glass box AI not only tells you there is a new retail opportunity, it also uncovers how that opportunity was identified in the data. It also provides retailers with an…
The Financial Service Industry of Tomorrow Runs on AI and Video Banking
“over $1 trillion of today’s financial services cost structure is exposed to replacement by machine learning and artificial intelligence (AI).” Meaning that in the near future, AI will have a huge impact on how financial services enterprises run and do business. Today, the main use case for AI in financial services is in the contact…