Image credit: Courtesy of Halla “Only about 3 percent of all food purchases are made through the internet, according to a report by Deutsche Bank according to a 2017 Salesforce study, which said that recommendations drove 24 percent of orders and 26 percent of revenue. Halla is an artificial intelligence-powered platform that leverages machine learning…
Month: June 2019
Why marketers are struggling to adopt AI
“Marketers do not know what AI can do for them To be effective, AI requires data which marketers do not have Marketers lack the skills to manage AI projects Marketers need to better understand how AI adds value to the business” https://econsultancy.com/why-marketers-are-struggling-to-adopt-ai/
Walmart’s Jetblack Sees Two-Thirds Of Shoppers Engage Weekly
“Following the rollout of Walmart’s Jetblack personal shopping service last year, two-thirds of customers reportedly engage with the service weekly. They are also said to spend an average of $1,500 monthly on purchases through Jetblack, according to reports. The service comes at a $50 monthly cost In September of last year, Jetblack’s members were reportedly…
AI in an Open Banking World
“What is Open Banking? It basically is creating a Data Architecture where a network of institutions can share the data through APIs (Application Programming Interfaces). The data architecture is used to create guidelines on how customer data can be created, structurally stored and securely accessed.” Judo Bank Alex Twigg, Co-founder and CIO “Twigg is considered…
PayPal is Rolling Out its Ecommerce Solution to All Businesses
“PayPal’s e-commerce platform, used by Instagram Shopping and Facebook Marketplace, is now available to businesses of all sizes. Advanced risk and fraud tools powered by AI and machine learning informed by trillions of transactions; Starting today, the PayPal Commerce Platform is available in France, Germany, Italy, Spain, the United Kingdom, and the United States. The…