“In the retail banking tech circles, artificial intelligence (AI) is one of the hottest topics for discussions. Barely a conversation with a CTO, CIO, or CMO occurs these days without mentioning the potential benefits of AI in the banking industry. And for good reason. The benefits AI can produce is staggering. 1. Accelerate customer acquisition rate…
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Hiring data indicates that Bank of America is replacing branch staff with artificial intelligence
“The company is looking for less than half as many people to fill its 4,600 retail banking outlets. Meanwhile, the number of job openings that contain recent developments in fintech — automation, AI, machine learning, and natural language processing — doubled since the new year.” https://media.thinknum.com/articles/bank-of-america-is-replacing-branch-staff-with-ai-robots-are-coming/
BBVA creates AI Factory to drive data innovation
“Spanish banking group, BBVA, has set up a new centre to explore the ways artificial intelligence (AI) can support its data-driven services, reports Jane Connolly.” https://www.bankingtech.com/2019/06/bbva-creates-ai-factory-to-drive-data-innovation/
Manulife Bank deploys Kasisto’s AI chatbot
“Kasisto, creators of KAI, the digital platform for the financial services industry, is deploying MAI, a conversational artificial intelligence (AI) solution for millennials at Manulife Bank, the banking division of insurance giant, Manulife.” https://www.bankingtech.com/2019/06/manulife-bank-deploys-kasistos-ai-chatbot/
13 Best Quotes About The Future Of Artificial Intelligence
Image: AI Robot GETTY This is a really interesting article published by Forbes, and contains the 13 greatest quotes related to AI. The number 13 is actually my lucky number so I’m taking that as a positive omen. I attempted to categorize the key theme(s) of the content. Here’s a summary overview: Benefit to Humanity…