“Intelligent automation for commercial banking – Smart partnering to lighten human workload processes. By highlighting the value of ecosystems and combining data, analytics and machine learning/AI, progressive innovators will prevail. Relevant AI in a post-digital world – Opportunities expanding faster than banks’ adoption. Leaders are increasingly implementing AI and predictive analytics solutions, growing their businesses…
Month: March 2020
ABA: Banks Need Consistent Framework for Adopting AI Technologies
“In a letter to the Office of Management and Budget, the American Bankers Association called for regulatory clarifications that would facilitate the adoption of artificial intelligence technologies by banks. The association’s letter came in response to a recent memo from OMB, which outlined a principles-based approach to regulating AI technology.” ABA: Banks Need Consistent Framework…
Baidu: AI Exceeds Human Natural Language Comprehension And Open Source Could Make It Even Better
“Natural language comprehension. And in the last year and a half, it’s where Baidu has made the biggest progress, as its system, ERNIE (short for Enhanced Representation through kNowledge Integration), is presently the best in the world by GLUE (General Language Understanding Evaluation) score. Earlier this year, Baidu had the surprise distinction of shaking up…
How artificial intelligence is changing the game for banks
Lewis Z Liu Cofounder of Eigen Technologies “Benoit Legrand, ING’s chief innovation officer, says the bank is investing, in part, to signal that it is backing the technology. ‘We are signalling that we are committed for the long term and that we have validated the technology,’ he says. ‘Natural language processing will dramatically change the…
Deep Dive: Visual Search As The Next Retail Battleground
“Visual search technologies could help eCommerce brands gain the edge they need to engage customers and — more importantly — make purchases. Studies predict that supporting visual and voice search could boost digital commerce revenues by as much as 30 percent by 2021. A recent study found that 62 percent of Gen Z and millennial…