“The five-year-old London-based startup, which has 4 million customers in the United Kingdom, has applied to the U.S. Office of the Comptroller of the Currency for a banking license. Monzo entered the U.S. market via a partnership with Sutton Bank, which is based in Ohio. It is the first digital bank out of Europe to…
Month: May 2020
AI’s Man Behind the Curtain
“The World Economic Forum predicted in a 2018 study that the complete integration of artificial intelligence would displace 75 million jobs – but, critically, would also result in the creation of 133 million new jobs. The net gain is clear just as it has been with many other technological innovations throughout history. Speech recognition…Some firms…
Yandex deploys autonomous delivery robots in Moscow’s Skolkovo district
“Yandex today announced the first commercial launch of Yandex.Rover, the autonomous delivery robot it revealed late last year, in the city of Skolkovo, Russia. Starting this week, city employees at administrative offices can use the robot for deliveries of documents and small packages. The Mayo Clinic branch in Florida recently began using Navya shuttles to…
Mobiquity Technologies Launches AI Driven Publisher Protection Capability
“The capability works by automatically scanning all ads customers upload into the Advangelists platform. Machine learning algorithms identify and confirm category and content including violence, adult content, alcohol and cannabis images, headlines, and text. Ads that do not achieve publisher guidelines for acceptable ad content are removed and flagged for human intervention and policy review.”…
Adidas is using AI and 3D printing to cope with a plunge in sales during the coronavirus pandemic
“The fitness brand reported a 19% sales decline this week as more than 70% of its global stores remained closed during the coronavirus pandemic. The brand’s ecommerce sales saw the highest growth rate on record last year, a jump of 34%. That spurt accelerated even further as sales for ecommerce grew by 35% in currency-neutral…