“Data suggests that artificial intelligence was put to work in a cybersecurity capacity more than in any other area of service last year. With the use of deep learning algorithms, AI is leading the charge on a secure internet. Specifically in detecting and deterring security intrusions, with 44 percent of all AI applications being used…
Month: April 2019
Sovcombank Invests in Artificial Intelligence
“Sovcombank uses artificial intelligence to collect non-performing liabilities, however, according to Dmitry Gusev, this is only the beginning: ‘The bank also plans to automate staff recruitment, sales, and service quality surveys. The use of artificial intelligence reduces our call center costs by up to 75% with better customer service, and it frees employees for solving complex…
ai eCommerce Top 5 Most Popular Posts
Flyzoo Hotel – the world’s first future hotel open “Flyzoo Hotel, which is Chinese ecommerce and media giant Alibaba Group’s first future hotel, opened today in Qinchengli, a shopping center owned by Alibaba, in Hangzhou, Zhejiang Province. As the first hotel with a full panorama and large-scale use of artificial intelligence (AI) in the world,…
Emerj CEO Presented at Harvard on AI in Banking and Finance
“Our perspectives on large AI consulting firms were validated by some of the folks in the audience, including Profesor Freedman. Freedman worked with big consulting firms, one of the likes of Accenture, McKinsey, PwC, and Deloitte (although we are not revealing which one). We’re of the belief that large organizations that might work with these…
Little Rock artificial intelligence start-up set to change the way we do banking
“‘I was using one for investments, I was using another for increasing my credit score, I was using something for something else – but everything was not coming together,’ said Akkaraju. Akkaraju’s program, BOND.AI, links financial institutions with what he refers to as their “empathy engine” – conversational AI technology through either voice or text…