“One of the largest commercial banks in China chose KanKan AI to upgrade 150 branches servicing approximately 1.8 million banking customers in the Sichuan Province. ‘With the ongoing COVID-19 pandemic, commercial banks and financial institutions have ceased most of their offline marketing activities. Branch managers have realized the pressing need to integrate omnichannel marketing strategies…
Tag: AI
2021 Predictions: Cashless Society, Autopay Systems Fueled by AI, and New Digital Banking Standards
“The global impact of the pandemic will create a hyperdrive to digital banking solutions. We have yet to see the full damage that the COVID-19 pandemic has caused. So far, every precaution we have taken to stop the spread of COVID from wiping down door handles, wearing masks, sanitizing everything we touch, etc., will not…
How COVID-19 is accelerating adoption of new tech in Banking
“According to IDC, bank spending on consumer-facing technologies for branches and online services is forecast to grow; increasing from $31 billion in 2020 to $40 billion in 2024.The focus on niche technologies will help organizations to accommodate ever-changing transformation innovation. Growing investments in digitization, specifically AI, will play a key role in transforming the legacy…
Davos Agenda: What you need to know about technology
“Take a look at AI. There are more than 80 international standards and frameworks governing the use and ethics of AI, but this can impose ‘burdensome and sometimes conflicting obligations on organizations operating across national boundaries,’ said the Forum’s Global Risk Report 2020. ‘The proliferation of standards also makes it more difficult for countries and…
Robotic process automation tech startup UiPath raises $750M at $35B valuation
“UiPath is raising more cash. The New York-based company just announced a $750 million Series F round that pushes its valuation to $35 billion.” https://www.google.com/amp/s/www.geekwire.com/2021/robotic-process-automation-tech-startup-uipath-raises-750m-35b-valuation/amp/