“All banking fraud across the Internet, telephone, and in-person banking (people still do that?) – grew 159% in the first quarter of this year compared to the last quarter of 2020. Online banking, which accounts for 96% of all banking transactions, made up 93% of all fraud cases. The analysis reportedly covers more than 12…
Tag: AI
How AI Will Transform Software Development
“Moreover, it is predicted that roughly 80% of businesses are investing in AI, with 47% of digitally advanced companies already defining AI strategies. Even more amazingly, AI tools should provide $2.9 trillion in corporate value in the foreseeable future.” https://www.entrepreneur.com/article/380767
Salesforce launches marketing personalization and automation features
“Salesforce this week announced new Marketing Cloud features designed to help companies build deeper relationships with their customers. Thirty-eight percent of brands risk losing customers because of poor marketing personalization efforts, according to a study by Gartner. One of the new features, Einstein Engagement Scoring in Salesforce CDP, aims to boost engagement and conversion rates…
AI-powered ecommerce recommendation engine Constructor nabs $55M
“Online commerce conversions are well behind in-store — the average online shop sees less than 3% in conversions. But even though $4.2 trillion was spent on ecommerce platforms in 2020 alone, few ecommerce retailers have invested in a digital merchandising strategy. It’s estimated that $35.3 billion is lost every year by U.S. businesses in customer…
Apple’s A15 Bionic chip powers iPhone 13 with 15 billion transistors, new graphics and AI
“Apple on Tuesday revealed its iPhone 13’s processor, the A15 Bionic, a chip with 15 billion transistors and new graphics and AI abilities.” https://www.google.com/amp/s/www.cnet.com/google-amp/news/apples-a15-bionic-chip-powers-iphone-13-with-15-billion-transistors/