“A Statistics report reveals that before the pandemic over 4.7 million people in the U.S. were working remotely at least half the time — a percentage that has since increased. And fully 75% of people using digital channels for the first time indicate that they’ll continue to use them when things return to a post-pandemic…
Month: June 2021
Sneaker eCommerce Platform GOAT Notches $195 Million
“Moreover, the firm plans to invest further in its “technology and brand” as it keeps its concentration on “providing a trusted end-to-end experience to its 30 million members and 600,000 sellers,” according to the announcement.” https://www.google.com/amp/s/www.pymnts.com/news/retail/2021/sneaker-ecommerce-platform-goat-notches-195-million/amp/
Build, Buy, Rent: AI Approaches to Lending
“AI adoption accelerated due to the COVID-19 pandemic, according to a new KPMG report on business adoption of AI. In financial services, 84 percent of leaders said AI is at least moderately functional in their organization, a 37-percentage point increase from the previous year. It’s official – AI is a must have. With the business…
How to Establish Onboarding Journeys with a Focus on Digital Member Experiences
“A 5% increase in customer retention produces more than a 25% increase in profit, according to research done by Frederick Reichheld of Bain & Company. A JD Power & Associates report found that new members should receive five to seven communications from their financial institution in the first 90 days.” https://linkmktg.cutimes.com/view/6070577a31ab82185be7babcef5hl.ppl/cfe88270
Citizen data scientist training for augmented analytics
“According to QuantHub, there was a data scientist shortage of 250,000 people in 2020. Augmented analytics tools offer the promise of addressing some of these shortfalls by making the technology more accessible to non-data scientists. Genpact, a business transformation consulting firm spun off from GE in 2005, is doing exactly that. To date, around 70,000…