“The emerging field of explainable AI (or XAI) can help banks navigate issues of transparency and trust, and provide greater clarity on their AI governance. XAI aims to make AI models more explainable, intuitive, and understandable to human users without sacrificing performance or prediction accuracy. Explainability is also becoming a more pressing concern for banking…
Tag: AI
Level Up Your AI Skillset and Dive Into The Deep End Of TinyML
“One prevalent use of ML on microcontrollers (TinyML) includes wake word detection, which is also known as keyword spotting. For example, if you say “Alexa” or “Hey Siri,” your phone or nearby smart speaker may come to life, waiting for further instructions. The smart speaker uses two types of machine learning. The first kind is…
Uber Eats pilots autonomous delivery with Serve Robotics, Motional
“Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup, and Motional, an autonomous vehicle technology company.” https://techcrunch.com/2022/05/15/uber-eats-pilots-autonomous-delivery-with-serve-robotics-motional/amp/
Increasing demand for solutions to simplify banking operations is driving the AI in Banking Market
“Due to increasing implementation of AI-driven applications in the banks, including customer relationship management (CRM), data analytics & visualization, and chatbot to enhance customer experience and back-office activities, the software segment is projected to register a significant revenue CAGR of 43.1% during the forecast period. In terms of market share, the deep learning & machine…
Why Consumers Aren’t Banking Like It’s Still 2019
“Doug Brown, president of digital banking at NCR, told Karen Webster in an interview that banking in the branch is not what it was — but what it will be will borrow liberally from the great digital shift. And in revamping in-person banking, he told Webster, smart automation can improve the experience for credit unions’…