“For financial institutions that have yet to adopt conversational banking, the potential user base already exists. Nearly two-in-five U.S. adults are now users of smart speakers, such as Amazon Alexa or Google Home. In November 2020, eMarketer estimated that 128.0 million people in the US used a voice assistant – 44.2% of internet users and…
Tag: AI
Nimble Robotics Takes In $50M, Adds AI Luminaries
“‘There is no fulfillment solution that can handle double the orders, fulfill them in half the time, with half the staff, for half the cost,’ said Simon Kalouche, Nimble’s founder and CEO in a release. Kalouche, a former PhD student at Stanford University and a research fellow at Carnegie Mellon University, has added two Stanford…
Ecommerce solutions specialist Stor.ai secures $21M in funding
“Stor.ai provides all grocers with the tools to build and manage their own catalogue of inventory and leverage advanced fulfilment methods to propel online business and meet growing consumer needs. “I am delighted to see stor.ai build on the 250% year-on-year growth we achieved over the past twelve months and begin an exciting new era…
Every Bank Needs A Chatbot (Or Two) For Its Digital Transformation
“According to research from Cornerstone Advisors, heading into 2020, just 4% of mid-size banks and credit unions had deployed a chatbot. By the end of the year, that percentage had more than tripled to 13%. Cornerstone’s research says another 16% intend to invest in chatbots in 2021. Cornerstone’s research also found that 56% of banks…
Abe.ai and Glia announce digital banking partnership
“US-based Abe.ai and Glia Technologies have announced a partnership that integrates Abe.ai’s conversational banking solutions with Glia’s AI Management Platform. Through this partnership, Glia customers can now implement pre-trained Virtual Financial Assistants (VFAs) using Abe.ai’s proprietary technology and deploy them on Glia’s front-end, embedded in mobile and online banking channels. Abe.ai VFAs can be directed…