“Financial organizations need to address three key imperatives – how to leverage data and AI for their operations, how to build and maintain trust among their customers, and how to tap on partnerships to drive innovation to stay ahead of the game,” Connie Leung, senior director of financial services business at Microsoft Asia said. there…
Tag: AI
Google AI’s ALBERT claims top spot in multiple NLP performance benchmarks
“Stanford Question Answering Dataset benchmark (SQUAD), ALBERT achieves a score of 92.2, on General Language Understanding Evaluation (GLUE) benchmark, ALBERT achieves a score of 89.4, and on ReAding Comprehension from English Examinations (RACE) benchmark, ALBERT gets a score of 89.4%.” https://venturebeat.com/2019/09/26/google-ais-albert-claims-top-spot-in-multiple-nlp-performance-benchmarks/
Active.Ai and Visa Partnering to Enable Conversational AI Solutions
“Active.Ai today announced that it is partnering with Visa to provide banks and credit unions with out-of-the-box conversational artificial intelligence (AI) solutions. Combining the power of Visa APIs with Active’s AI platform, Active.AI aims to power solutions, such as chatbots, to make conversational AI platforms easier for financial institutions to deploy and more intuitive for their…
AI Stats News: Chatbots Lead To 80% Sales Decline, Satisfied Customers And Fewer Employees
This post from Gil Press is a gold mine of AI data from reputable sources for your next business case. “A disclosure of chatbot identity before the machine–customer conversation reduces purchase rates by more than 79.7% chatbots are four times more effective at selling products than inexperienced workers TD Ameritrade Holding Corp. hasn’t needed to…
Toward A More Fully Digital Bank
Thomas Kurian – CEO Google Cloud http://linkedin.com/in/thomas-kurian-469b6219 “Over the last few decades, banking executives have been told that fintechs will upend the financial system we’ve discounted how innovative banks, working hand-in-hand with their technology providers, can use new technologies and the cloud as a powerful and transformative platform for their businesses. It’s time for tech…