“The financial industry is waking up to the tremendous transformative potential of AI. Industry experts believe that leveraging AI will help the banking industry save a whopping $1 trillion come 2030. Another report by Narrative Science in 2018 revealed that over 32 per cent of banks out of the total surveyed had already adopted advanced…
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A Roadmap For Building A Business Chatbot
“Here’s a quick recap of the detailed 10-step process: Start by identifying whether or not a chatbot is a right fit for your business model. Understand the different types of chatbots and identify the ones you need. After settling on a type, give your chatbot a purpose by defining its goals. Once the end goal…
You No Longer Need to Interact With a Cashier for Drinks and Snacks at DFW Airport
“Over the summer, Zippin installed its checkout-free technology in Fort Worth Magazine, a 1,400-square-foot store in Terminal C — only the third airport store in the world (the others are at JFK in New York and Tom Jobim International Airport in Rio de Janeiro). It allows customers to purchase over 900 products and leave the…
FinTech Partnerships Pave Path for Branchless Banking
“PYMNTS’ own studies show that a majority of consumers love digital banking features and are happy using digital banks and FinTechs. But fewer than 10% use them as their primary account. ‘It’s embedded banking in multiple places and digital experiences and throughout the customers’ daily lives,’ she said, to which Nowicki observed about the rise…
Google Joins Meta in Creating AI-Powered Text-to-Video Generator
“On Wednesday, researchers at the company’s AI lab, Google Brain, debuted Imagen Video, a program that can create realistic-looking video clips from a text input. The system expands Google’s original Imagen program by moving beyond still images to moving pictures, resulting in creative videos that remain largely consistent throughout each frame.” https://www.pcmag.com/news/google-joins-meta-in-creating-ai-powered-text-to-video-generator