“The two-year long competition will reach its ultimate crescendo this week in Speedway, Indiana as nine university teams prepare to race autonomous cars for $1 million at the iconic Brickyard. The final two rounds of the Indy Autonomous Challenge are scheduled to take place at Indianapolis Motor Speedway over the course of this week. Black…
Tag: AI
AI bankability: 10 ways artificial intelligence is transforming banking
“Kasisto’s major contribution is its conversational AI platform, KAI, which banks can use to build their own chatbots and virtual assistants. It’s rooted in AI reasoning and natural-language understanding and generation, which means it can handle sophisticated questions about finance management that other bank customer-service digital assistants — Bank of America’s Erica, for example —…
Blockchain, AI, Internet of Things Will Change Banking, RBC CEO Says
“Royal Bank of Canada Chief Executive Officer Dave McKay said he sees blockchain maturation, the spread of artificial intelligence and the so-called internet of things as three big technological developments that will change banking in coming years. Blockchain and digital coins aren’t fully mature yet, but they will continue to evolve, McKay said during a…
Council Post: AI And ML Can Transform Financial Services, But Industry Must Solve Data Problem First
“The successful deployment of ML/AI tools can be a true differentiator for financial services companies. This technology allows our industry to both improve and automate back-office processes and engineer more targeted engagement with our customers. In short, it can lower operating costs, enhance cross sell and increase customer acquisition. However, a successful ML/AI strategy requires…
These are the top 10 tech trends that will shape the coming decade, according to McKinsey
“We’ll experience more technological progress in the coming decade than we did in the preceding 100 years put together, says McKinsey. Applied Artificial Intelligence (AI) We are still only in the early days of the development of AI. As the technology becomes more sophisticated, it will be applied to further develop tech-based tools, such as…