“At a time when the coronavirus has sent record numbers of consumers online instead of to the mall, livestreaming is filling the social vacuum. There’s no better example of the trend’s proliferation than Walmart and TikTok, which on Thursday (Dec. 17) announced a “first of its kind” event scheduled for Friday, Dec. 18 at 8…
Month: December 2020
Banking industry’s tech shift has accelerated amid pandemic
“A November study by Accenture of more than 47,800 global banking customers, 2,000 of them Canadian, showed only 15 per cent had used bank video calls before Covid-19. Now 46 per cent said they would use video calls when branches reopen and 35 per cent would prefer them to a face-to-face meeting. Only 34 per…
Canadian banks are finally reaping the benefits of hefty digital investments
“Insider Intelligence forecasts that digital banking penetration in Canada will spike from 69.7% in 2019 to reach between 74.1% and 77.2% in 2024. For example, BMO saw its weekly digital banking sign-up rate spike 300% between late March and late April.” https://www.businessinsider.com/digital-banking-is-finally-soaring-in-canada-2020-12
How AI is Being Applied to Retail: Deep Learning Brings Superpowers to eCommerce with Companies like Wish and RTB House Leading the Charge
“Optimizing Post Sales Support – Macy’s is piloting chatbot-guided shopper assistance that uses natural language processing technology co-developed by IBM Watson and Satisfi Labs. Other retailers have rolled out more operational-focused uses such as how Amazon and Walmart use A.I. to optimize their supply chains, delivery routes or checkouts. Visual Search and Building New Online…
Artificial Intelligence and marketing, the new engine of business
“In recent months, ecommerce penetration in Mexico has been 39%, with a growth projection of 55% by the end of the year. As a result, digital ad spend this year will be 12% higher than in 2019, but are we really prepared to perform better when we need more ad spend ?” https://www.google.com/amp/s/www.entrepreneur.com/amphtml/361969