“A recent survey by Deloitte found that only 32% of financial service companies were developing AI programs, and of those that were, the greatest impact was in: 65% Customer service 52% Back-office operations 42% of Financial advisors 31% Fraud detection 29% Risk management” https://menafn.com/1100056280/Deltec-Bank-Bahamas-says-AI-Is-Transforming-Banking-with-Predictive-Analysis-and-Autonomous-Learning
Month: April 2020
Adverity raises $30 million to collect, prep, and analyze marketing data
“Adverity, a data analytics startup targeting applications in media, marketing, and ecommerce, today announced that it raised $30 million in equity financing, bringing its total raised to $50 million. By accelerating R&D and growth within Adverity’s offices domestic and abroad, the fresh capital could help the company’s customers — among them Ikea, Red Bull, Unilever,…
Brands use chatbots to find a direct channel to consumers
“Yellow Messenger announced a $20 million series B round led by the US fund of Lightspeed Venture Partners on Friday. Its conversational AI platform is used by over 100 enterprises for customer and employee engagement. It’s hard to run call centres because they require people to go into large offices with dedicated telephony and computer…
How Artificial Intelligence Is Influencing the Banking Sector
“All the aspects in which AI is involved are perfectly summarized in the heat map below” “Let’s stop for a moment at the division placed at the end of the last paragraph and take a closer look at each of the areas mentioned” https://www.google.com/amp/s/learn.g2.com/ai-in-banking%3fhs_amp=true
Online Apparel Catches Fire
“The March 27 cut of the PYMNTS survey found 19.1 percent of consumers had shifted their purchase to online retail. Couple that with 11.1 percent of respondents shopping somewhat or much more than the March 17 survey and the evidence of a comeback was easier to see. Vogue Business was among the outlets picking up…