Chuck Teixeira, HSBC, Chief administrative officer http://linkedin.com/in/chuckteixeira “HSBC Holdings PLC is opening a new 50-person data lab in Toronto that will harness the city’s artificial-intelligence talent. analyze up to 10 petabytes of data – that’s 10 million gigabytes – on 1.6 million corporate and institutional clients in more than 60 countries, ‘Emerging technologies such as…
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H&M Tops Ranking Of Most-Visited eCommerce Fashion Sites
“SEMrush found that H&M was the most frequented site around the globe. Direct traffic accounts for almost half – or 44.86 percent – of search traffic around the world, followed by search (33.83 percent), referral (approximately 15.03 percent), paid (4.28 percent) and social (2.01 percent.) Using visual search, customers can upload a photo and the…
AI is fuelling the new economics of banking, says UBank CEO
“For the past three years UBank has been experimenting with IBM and the Watson team With around 220 staff in its North Sydney office, UBank can scale those solutions to serve its 500,000 customers. The first project the bank launched back in 2017 was RoboChat, a virtual agent trained to answer questions around home loan…
Scaleworks acquires AI ecommerce search provider SearchSpring
“Scaleworks says it has acquired SearchSpring, a privately funded Colorado-based ecommerce company that provides AI-powered search and navigation products to direct-to-consumer brands” https://www.google.com/amp/s/venturebeat.com/2019/05/23/scaleworks-acquires-ai-ecommerce-search-provider-searchspring/amp/
BankThink Small and mid-sized banks can’t shy away from AI
“At First National Bank of Omaha, which has been privately owned and independent for more than 160 years, we are making a choice to be an early adopter and embrace AI, particularly for consumer lending. We recently partnered with a Silicon Valley fintech called Upstart to decrease loss rates and increase approval rates by using…