“When it comes to banking, they put forward three specific areas of sensitivity. The first was explainability – how leaders should approach the limitations of technology as it relates to explaining how AI arrives at conclusions. The second was the threat of bias and re-examining the concepts of transparency, fairness and accountability in an AI-first…
Month: September 2019
Wix Review – Is Wix Good for Small Businesses and Ecommerce?
“What’s more, Wix also offers a class-leading AI website development tool called ‘Wix ADI.’ When you come to create you site, Wix will ask you a few simple questions, then give you an almost-finished website in a matter of minutes. This can save sole traders valuable hours when it comes to getting online – time…
How Artificial Intelligence Is Changing Cyber Security Landscape and Preventing Cyber Attacks
“One of the biggest concerns is that hackers can use AI to automate cyberattacks on a massive scale. Within this year alone, there have been over 2,000 unique vulnerabilities reported. Another promising enhancement of security by AI comes from its behavioral analytics ability.” https://www.google.com/amp/s/www.entrepreneur.com/amphtml/339509
Future-Proofing Ecommerce Strategy with Human & Machine
“Maximizing AI starts with connecting all aspects of the business – from point-of-sale to digital to tech – in order to make the technology smarter. Integrated channels will allow brands to progress, rather than continuing to operate in silos with too much human interference and a lack of holistic tech solutions.” https://multichannelmerchant.com/blog/future-proofing-ecommerce-strategy-with-human-and-machine/ Jason Roussos http://linkedin.com/in/jasonroussos…
How Banks and Credit Unions Can Grow Deposits with AI
“The average new-account attrition rate after six to 12 months is 28%, he says, and can be as high as 35%. Further, 65% of acquired deposit customers turn out to be single-service households, on average. “All these things can be attacked with a good strategic plan supported by analytics and artificial intelligence,” Henkel states.” https://thefinancialbrand.com/88016/bank-credit-union-marketers-deposits-ai/