“In numbers compiled for this Forbes.com story, new research shows that since 2018 approximately 22% of all the department stores in the country have closed or will close before the end of the year. This represents 798 individual department stores, including entire companies that have gone out of business, companies in chapter 11 bankruptcy proceedings…
Month: July 2020
Goldman Sachs is considering an AI assistant for Marcus
“Goldman Sachs is looking to roll out AI-enabled money management tools for Marcus, its digital-only bank The ability to view recurring charges, such as for online services or bills, was called “extremely valuable” by 42% of mobile banking users who responded to Business Insider Intelligence’s Mobile Banking Competitive Edge Report” https://www.businessinsider.com/goldman-sachs-mulling-rollout-of-marcus-ai-assistant-2020-7
How The Pandemic Accelerated The Shift To Digital Commerce – Pymnts.com
“In uncertain times, customers want their necessities to arrive quickly. For example, expedited shipping increased 305 percent year over year in mid-March as people began to stock up. As the pandemic accelerated in March and April, we saw digital transaction volumes skyrocket for many industries, like vitamins, wellness, electronics, pet supplies and others. In April,…
Making Your Website Smarter: How to Power Your SEO with AI – InsideBigData.com
“Acrolinx, which does exactly that. It helps coordinate content efforts across the enterprise by applying AI that recommends how to write content BrightEdge is another similar platform that uses AI to optimize a company’s content efforts. OneSpot is an AI SEO tool that focuses on the personalization aspect of producing and serving the right content…
AI Can Resolve Chargeback Challenges for Merchants, Banks
“Many card disputes are filed without a valid reason. This is a practice called “friendly fraud,” and chargebacks tied specifically to that practice have continued to grow at a rate of approximately 20% each year. They’re growing so quickly, in fact, that friendly fraud is projected to represent nearly two-thirds of all chargeback issuances by…