Measuring digital banking’s true potential The potential is further enunciated by the fact that currently in sub-Saharan Africa alone, 155 million men and 194 million women are financially excluded. With 82 per cent of Africa having a mobile connection, the time is ripe for the introduction of digital banks to provide financial inclusion to millions….
Month: August 2019
How An AI Driven Logistics Startup Is Helping Small Ecommerce Players
“He points out that shiprocket clocked one million monthly shipments in June with annual GMV of over US$ 250 million. Currently, Shiprocket ships to 220 countries and across 26,000 PIN codes in India with 15 courier partners onboard. ‘We aim to triple our active sellers to reach 50,000 by the end of this fiscal and…
Google heralds a new era of ‘Deployed AI’ to transform businesses
“This new era is called the age of “Deployed AI,” which Google Vice President of AI Andrew Moore said in a blog post means having a “vision for transforming your business.” “The campaign reached nearly 500 million people across multiple continents, generating measurably positive uplift in brand engagement and consideration in the process.” One example…
Nike Plans to Get More Personal With Customers by Acquiring AI Startup
“Celect was founded by Massachusetts Institute of Technology (MIT) professors Devavrat Shah and Vivek Farias in 2013, and has helped many retailers “optimize inventory” through data collection and machine learning. According to its website, past clients include Urban Outfitters, Lucky Brand and Aldo, among other major retail brands.” https://www.google.com/amp/s/observer.com/2019/08/nike-buys-ai-startup-celect-learn-customer-preference/amp/ Devavrat Shah http://linkedin.com/in/devavrat-shah-63b59a2
Artificial intelligence in banking — separating reality from hype
“‘Most AI use cases center around automating mundane tasks with robotic process automation, fraud mitigation, natural language processing and complementing business intelligence,’ Ram Ridgeway, VP of digital experience at Advia Credit Union, told ATM Marketplace. Ridgeway, who will speak on the panel “Real Value or Real Hype: AI, Machine Learning and the Future of Customer…