“Chinese e-commerce giants Alibaba and JD.com reported nearly $60 billion in sales Monday part way through Singles Day Alibaba said sales by merchants on its platforms totaled 221.6 billion yuan ($31.7 billion) by 6 p.m., passing last year’s total of $30.8 billion. Online sales of goods rose 16.8% over a year earlier in the first…
Tag: AI
How Will AI Transform Banking?
“CB Insights briefing on AI in banking with CBI analyst Deepa Varadharajan. This Interview was recorded on June 12th, 2019 at the Future of Fintech conference in NYC.” Deepa Varadharajan Lead Analyst, AI at CB Insights http://linkedin.com/in/deepashri
Alibaba’s AI Deters 300 Million Hacking Attempts
“Alibaba’s founder and former CEO Jack Ma said the company’s payments arm, Alipay, faces over 300 million hacking attacks every day, but it hasn’t suffered any problem. Alipay has one billion users and handles $50 billion worth of transactions every day and thus a target of cybercriminals.” https://esellercafe.com/alibabas-ai-deters-300-million-hacking-attempts/
AI or Die: 4 Ways Model Governance Can Help You Win at Digital Transformation
“Fortunately, you can seize the advantages of these models and score big with AI while simultaneously defending against risks. Here are four ways to make it happen. Unite model ecosystem silos Gain transparency into the inner workings of models Spot connections and potential snowballing risks Lower costs through improved resource allocation and efficiency” http://m.bankingexchange.com/big-data/item/8022-ai-or-die-4-ways-model-governance-can-help-you-win-at-digital-transformation David…
‘Tis the Season to Engage With Video
“Times are still good for the ecommerce world despite hiccups in the overall world economy…In fact, online sales are predicted to grow around 15% year-over-year for the 2019 holiday season. Customers use an average of three channels to engage with brands Let’s take a deeper look into these time- and cost-saving advantages to explain how…