“Exer relies on edge-based AI (meaning it uses your smartphone’s computing power) and computer vision to power its motion coaching platform. It offers real-time audio and visual feedback via a smartphone (and its camera), on almost any type of human motion, without having a human in the loop. The mission is to help millions of…
Month: May 2020
Banks Avoid Fintechs At Their Peril —Leaders Learn How To Collaborate
“According to Capgemini, only 19% of banks have a dedicated innovation team and only 6% have achieved the desired ROI form fintech collaborations. You take a picture of yourself, attach it to a digital app. An AI -enabled model takes a view on your initial credit limit — there’s no separate application processing or underwriting,…
Square launches Online Checkout to take on PayPal
“Square is introducing a new payment tool designed for small businesses looking to rapidly transition to ecommerce. Square charges 2.9% + $0.30 per transaction.” https://www.google.com/amp/s/venturebeat.com/2020/05/07/square-launches-online-checkout-to-take-on-paypal/amp/
Virtual Tellers And Workhorse ATMs: Banking’s New (Digital-First) Normal
“Smaller banks and credit unions, said Brown, are cementing the bonds that have been shaped with small business clients forged over decades. It’s no secret that the rocky start of the Small Business Administration’s PPP has shown the value that lies with the personal touch. 20 percent of PPP loans offered by these smaller FIs…
Yotpo Fast-Tracks Product Innovation for eCommerce, Showcasing SMS Marketing to Help Brands Drive Revenue and Success
During the month of April: The time consumers spend on their mobile phones has increased by 30%.Text messaging, across the board, has increased by 50%. Forty-nine percent of consumers say they prefer to be engaged by brands through SMS during these times, making it a top channel for consumers looking to stay connected. Over 35%…