“Unbiased AI in financial services creates equal opportunities for consumers and can potentially result in new markets for financial services firms. Whether through new regulations or not, bias needs to be eliminated from lending, and the firms that move first will benefit the most from increased growth.” https://www.google.com/amp/s/www.forbes.com/sites/forbestechcouncil/2020/05/28/the-role-of-unbiased-ai-in-financial-services/amp/
Month: May 2020
Autonomous retail startup Standard Cognition acquires competitor Checkout Technologies
“As cashiers across the country take precautions to limit interactions with customers in the midst of the COVID-19 pandemic, it’s hard to think of a better time for the rollout of an Amazon Go vision of autonomous retail. Standard Cognition CEO Jordan Fisher has been building towards that future for the past several years. His…
Adobe Sneaks: Introduces a new way to pick outfits in eCommerce with AI
“We are showcasing “Project Clothes Swap” in Adobe Experience Manager, to show how AI can take different outfits and move them around on different models online. To add to the shopping experience further, the customer can upload their picture to the website and then let the AI sort them out in different pieces of clothing.”…
One-third of all bank jobs are now tech-related
“Robert Walters predicts that online banking penetration in the UK will hit 90% by the end of 2020, driven by a combination of a Covid-19 legacy, a strong fintech sector and investments by banks in digital technology. Deutsche Bank CEO Christian Sewing told investors recently: ‘Technology is more important than ever – a fact that…
How to Build the Ultimate Ecommerce App with Builder.ai’s Studio Store
“Not too long ago, NASDAQ predicted that by the year 2040, as much as 95% of shopping will be facilitated by ecommerce. Similarly, Shopify Plus estimates that by the year 2021, worldwide retail ecommerce sales will reach $4.9 trillion Today, it is either go digital or go home. So, for all businesses looking for an…