“Combining insights from all of these touchpoints will create an even more robust profile of your customers that can improve engagement success. Remember, consumers no longer walk into a branch or pick up a phone to voice a concern or to make a purchase. Instead, they often interact on other channels hoping that their financial…
Month: August 2019
AI for Cybersecurity in Banking – Where Banks Are Investing Today
“The Global Banking and Finance Review claims that cyberattacks have cost nearly $360 billion per year in losses every year or the past three years. In recent years, global ransomware attacks, such as WannaCry, have put financial institutions on edge, and many banks are now investing in artificial intelligence to combat hackers.” https://emerj.com/ai-sector-overviews/ai-cybersecurity-in-banking/
How to Get Started Developing a Corporate AI Strategy
“Start with some of the low-hanging fruit in AI with relatively immediate returns, like customer service. Doing so gets you on the AI train and allows you to start to accumulate actionable data about your customer. Second, find ways to augment AI into existing business processes, supplementing what humans do, allowing them to focus on…
Razorpay swoops on AI-based fraud prevention firm Thirdwatch
“Razorpay CEO Harshil Mathur called the deal a “perfect fit” and believes that it will result in a 30-40% decrease in fraud level by next year.” https://www.verdict.co.uk/electronic-payments-international/news/razorpay-swoops-on-ai-based-fraud-prevention-firm-thirdwatch/ ThirdWatch – https://www.thirdwatch.ai
A New Type of AI Has Been Created Inspired by the Human Brain
I’ve been researching the key findings and data on AI for a few years. With that context, this post strikes me as one of the more important findings; yet, it was written in such a scientific, vanilla fashion that most people won’t stop to process the details. “The new paper demonstrates how ultra-fast learning rates…