“At the heart of Regions’ digital push is a sophisticated AI tool to assist bank staff in their customer interactions. The chatbot — which was in development for six years and first went live two years ago — is named ROSIE, after the robotic maid from “The Jetsons.” The same data that powers ROSIE helps…
Tag: AI
Punchh raises $40 million for AI that promotes customer engagement and loyalty
“Punchh, a startup leveraging machine learning and omnichannel integrations to create customer journeys, today revealed that it’s closed a $40 million series C round Punchh says its clients experience an 85% uptick in offer redemption rates on average and an 84% boost in loyalty participation rates, as well as a 58% loyalty check lift. It…
Tandem founder aims to take on banking giants
“As one of the “challenger” banks in the United Kingdom, six-year-old Tandem provides credit cards and savings accounts to over a million customers in its home market. The bank has set up various machine learning and deep learning models to generate financial analytics, which helps customers predict cash flow, upcoming bills and expenses, etc. The…
HSBC digital chief: ‘Unbelievable opportunities’ for AI in banking
“’Traditional banks have to lower the cost of running the bank,’ Bottomley, who joined HSBC in 2013 from Google, said on Monday. “We have to get a lot better at automation, productivity improvement.” “There are unbelievable opportunities for artificial intelligence and machine learning in banks,” Josh Bottomley said in a speech on Monday.” https://www.google.com/amp/s/uk.finance.yahoo.com/amphtml/news/hsbc-josh-bottomley-ai-banking-unbelievable-opportunities-135642666.html
Titan bets big on leveraging AI in creativity, design, e-commerce
“GAN is a Deep Learning neural network that continuously improves over time by playing the dual roles of ‘doer’ and ‘critic’. Titan’s AI team trained the neural network with thousands of images from the company’s stellar collections to create this powerful tool. Generating new designs at the rate of over one per second, this tool…