“As noted by Business Insider, 56 percent of banks have implemented AI in risk management, and 52 percent use these tools for revenue generation from new products and services. While 74 percent of banking executives say these technologies will transform the industry, they’re worried about barriers to effective deployment, such as growing skills gaps and…
Month: September 2021
New Global AIFinTech100 Recognises the Tech Companies Using Artificial Intelligence To Transform Financial Services
“The AIFinTech100 was produced to identify the 100 most innovative companies developing AI applications in financial services that every financial institution needs to know about as they develop their digital transformation strategies. The leading companies awarded a place on the list include: Actico: an international provider of software for intelligent automation and digital decisioning in…
The Holidays Are Approaching. Here’s How Retailers Can Prepare.
“In recent years, seasonal shopping has started earlier and earlier, with around 40% of consumers beginning to cross items off their holiday lists before Halloween. When it comes to marketing, digital is likely going to be your most important channel for the holiday shopping season. But don’t create your messaging in a vacuum. ‘Customers want…
Gartner: AI is moving fast and will be ready for prime time sooner than you think
“More familiar technologies, such as edge AI, decision intelligence and knowledge graphs, are at the peak of inflated expectations phase of the hype cycle, while chatbots, autonomous vehicles and computer vision are all in the trough of disillusionment. Gartner analysts Shubhangi Vashisth and Svetlana Sicular wrote the report and identified these four AI mega trends:…
Amazon tests its “Just Walk Out” shopping tech at two Whole Foods stores | ZDNet
“The system uses computer vision, sensor fusion and deep learning to eliminate checkout lines. Upon entering a Whole Foods store, customers will have three ways to begin using the “Just Walk Out” system — they can scan the QR code in the Whole Foods Market or Amazon app, hover their palm using Amazon One, or…