“The Citi Velocity platform allowed clients to continue trading amid volatile markets with minimal interruption throughout the network. In the peak weeks of the pandemic in the spring, usage of Citi Velocity hit double-digit growth, and client mobile hits increased 138% year-over-year, according to the bank. In April, Starling launched the Connected Card, a secondary…
Tag: AI
Ecommerce predictions for 2021: Seven experts have their say
“A lack of automation has slowed retailers down during the pandemic, with nearly 80% having to increase manual intervention in response to fluctuating demand and supply. In 2021, retailers will need to adopt AI to help keep up with these unpredictable swings in demand. Understanding the on-going changes in consumer behaviour or how daily life…
10 Ways to Leverage Digital Transformation in 2021
“We are at a unique intersection in our economy. According to a recent McKinsey survey, 67% of companies have accelerated their use of automation and artificial intelligence this year. Before the outset of the pandemic, labor costs such as wages and healthcare were increasing. Today, the cost of capital is near record lows–you can get…
How robots are helping e-commerce meet demand
“CNBC’s Frank Holland reports on the use of robots and artificial intelligence to help meet the demand in online shopping.“ https://www.cnbc.com/video/2020/12/31/how-robots-are-helping-e-commerce-meet-demand.html
Amazon saw some big changes in online shopping this Christmas
“The ecommerce giant has released a new blog post in which it revealed that it delivered more than 1.5bn toys, home products, beauty and personal care products and electronics to its customers all over the world. At the same time, third party sales on Amazon rose by more than 50 percent year-over-year worldwide. If this…