– “80% of financial institutions are “highly aware” of the benefits of AI and machine learning. – 75% of banks with more than $100 billion in assets are currently implementing AI. – 46% of FIs with less than $100 billion in assets are currently implementing AI. – By 2023, FIs are projected to save $447…
Month: May 2022
Business Leaders: Do You Have a Digital Mindset?
“Leonardi and Neeley believe achieving a digital mindset requires a level of comfort with analytics. They stress data is not a natural substance. They say it is a misnomer to say data are collected. It is more accurate to say that data are produced. Leonardi and Neeley suggest that having digital mindset means you are…
Five Findings From FinovateEurope 2022
“Embedded finance is the buzzword of 2022, but unfortunately it’s still understood too narrowly, focusing on the not-so-innovative expansion of distribution channels. And embedding financial products into customer journeys isn’t easy, a challenge that mmob — another “Best of Show” winner — tries to solve with its partnership platform. But there’s a bigger opportunity around…
Alphabet’s Wing is bringing drone delivery to Texas this week
“Wing this morning announced that it is adding Texas to its list of drone delivery markets. On April 7, the Alphabet-owned operation will be arriving in Frisco and Little Elm, a pair of towns in the Dallas/Fort Worth metroplex. The primary partner is Walgreens, where drones will be picking up health and wellness products. Also…
Domino’s uses ‘AI’ to start making pizzas before they are even ordered
“Domino’s has lifted the lid on a technology it is banking on to help cut delivery times to under 10 minutes, revealing it uses artificial intelligence to decide whether to start making pizzas before they are ordered. As customers are adding pizzas and side dishes to their online shopping carts, the AI tool crunches the…