“A recent study found that 62 percent of consumers expect businesses, including banks, to adapt to their needs, and only 47 percent are satisfied with current personalization efforts. BMO Harris is one bank enjoying the improved efficiencies that come with digital-first banking. Its employees save up to 30 minutes each day on processing forms, adding…
Month: March 2020
Amazon’s AI generates images of clothing to match text queries
“Scientists at Amazon describe a GAN that generates clothing examples to match product descriptions, which they say could be used to refine customer text queries. For instance, if a shopper searched for “women’s black pants” and then add the word “petite” and then the word “capri,” the on-screen images would adjust accordingly with each new…
Human ‘I’: The key to conversational AI in banking
“Think chatbots, intelligent virtual assistants, and digital employees. These and other related technologies enable computers to engage in dialogue with people in natural ways using conversational artificial intelligence (CAI). What level of CAI is right for my bank? Scripted bots – A scripted bot provides static responses to scripted, keyword-based questions or statements. Contextual bots…
How Artificial Intelligence Is Revolutionising Ecommerce
Industry4.0 technologies are disrupting every aspect of our lives Industry4.0 technologies are disrupting every aspect of our lives AI revenue is expected to grow from $643.7 Mn in 2016 to $36.8 Bn by 2025 Today, online commerce companies are utilising AI recommendation engines to offer better product offerings to their customers https://inc42.com/resources/how-artificial-intelligence-is-revolutionising-ecommerce/