“Banking 4.0 is defined by four primary characteristics. Firstly, it encourages a transition from product-based operations to service-based roles. Secondly, banking 4.0 will require BFSI companies to adopt a more customer-centric approach to banking. Thirdly, banks that succeed in riding the 4.0 wave will need to embrace a major shift toward digitisation. Last, banking 4.0…
Month: January 2020
How Machine Learning Is Changing The Face Of Financial Services
“Unsurprisingly, retail banking and machine learning are also a perfect combination. Thanks to machine learning, functions such as fraud detection and credit scoring are now automated. Banks also leverage machine learning and predictive analytics to offer their customers a much more personalised user experience” https://www.informationsecuritybuzz.com/articles/how-machine-learning-is-changing-the-face-of-financial-services/
IBM’s Watson Center pitches AI for everyone, from chefs to engineers
“‘Regardless of the industry you’re in, there’s likely an application for AI … even as a chef,’ said IBM’s data and AI engagement lead Euniq Nebo IBM Watson — a set of AI microservices on the cloud — has nearly 20,000 customers across 20 industries in 45 countries, said Inhi Suh, IBM Watson’s general manager…
How AI Is Improving Omnichannel CyberSecurity In 2020
“Javelin Strategy and Research report published this month, Protecting Digital Innovation: Emerging Fraud and Attack Vectors. A copy of the report can be downloaded here The survey’s results are noteworthy because they reflect how AI and machine learning-based fraud prevention techniques are helping retailers, financial services, insurance and restaurants to reduce false positives that in turn…
How Mumbai-based Taglr is using AI to understand ecommerce behaviour and aggregate a marketplace for users
“Taglr is a single interface gateway, which claims to help shoppers discover products from over 182 ecommerce websites. In 2017, there were less than 100 million online shoppers in India, and that number is expected to grow to 220 million by 2025. Anirudha says, ‘What differentiates us is the quality of the experience, the focus…