“Here we examine the top 6 use cases across banking where AI is making a difference. Each area has been selected based on the size of the issue, cost of executing the process, the ability to positively impact the customer experience, and lastly, the ability to drive significant cost savings to a bank or financial…
Month: March 2021
Look out, Amazon. Asia-based companies like Coupang are leading the next e-commerce revolution
“I expect we’ll see more e-commerce companies integrating with social media platforms to make it easier for small merchants to sell their wares without having to build a website or digital storefront. A great example close to home is a new feature from Shopify that adds shopping functions to Facebook and Instagram pages. Look for…
Gartner: AI and data science to drive investment decisions rather than “gut feel” by mid-decade
“Instead, AI and data analytics will inform more than three-quarters of “venture capital and early-stage investor executive reviews,” according to a Gartner report published earlier this month. “The traditional pitch experience will significantly shift by 2025, and tech CEOs will need to face investors with AI-enabled models and simulations as traditional pitch decks and financials…
4 Tech Trends That Will Massively Transform Banking in 2021
“What’s the front-office potential for banks and credit unions from use of AI?Ramamurthy: It’s massively large. AI is going to have a transformative role to play not only in retail banking, but in every industry. In retail banking, one of the biggest impacts will be with digital agents. These AI-powered agents, or bots, will handle…
The 10 most innovative companies in artificial intelligence
“6. WALMARTFor being a smart shopper When the online grocery rush began during the pandemic, Walmart built an AI-based feature called “Customer Choice” that uses historical and real-time shopping data to predict when items might be out of stock. If a customer who is shopping online chooses an item that may need a substitution, Walmart…