“Royal Bank of Canada recently launched an AI-powered budgeting tool that offers personalized advice to its mobile app customers,” said Livneh. “Within the first month of launching, 230,000 budgets have been set up, and customers have been able to save over $83 million in expenditures.” https://www.google.com/amp/s/www.techrepublic.com/google-amp/article/how-ai-may-help-solve-banks-customer-relationship-issues/
Tag: AI
Why should deep learning AI matter to retailers?
“A recent global study co-sponsored by IBM and the National Retail Federation found that two in five retailers are already using intelligent automation (via deep learning or machine learning), and adoption is expected to double in the retail industry by 2021.” https://www.google.com/amp/s/www.digitalcommerce360.com/2019/07/24/why-should-deep-learning-ai-matter-to-retailers/amp/
AI Savings Tools Help Financial Brands Boost Organic Deposit Growth
“Nearly half of U.S. banks saw a decline in deposits in 2017, according to The Wall Street Journal. the top three U.S. banks — JPMorgan Chase, Bank of America and Wells Fargo — captured 45% of all new checking accounts in the U.S. in 2017 Since 2016, U.S. digital banks have achieved a 14.2% deposit…
AMAZON PLANS TO LAUNCH TWO ROBOTIC FULFILLMENT CENTRES IN OHIO
This is an interesting post that’s somewhat counterintuitive. The robotic fulfillment center is creating jobs. “Ecommerce giant Amazon has announced that it plans to open a pair of cutting-edge robotic fulfillment centres in Ohio. The launch of the fulfillment centres will create more than 2,500 full-time jobs in the area.” https://www.google.com/amp/s/www.gigabitmagazine.com/ai/amazon-plans-launch-two-robotic-fulfillment-centres-ohio%3famp
Jose Duarte On How To Increase Sales In An eCommerce Store
“The normal consumer currently spends over $2,300 every year on Internet-based purchases and this number is going to continue to climb.” https://www.einnews.com/pr_news/490712420/jose-duarte-on-how-to-increase-sales-in-an-ecommerce-store http://www.josedanielduartecamacho.com