“Octane AI, the Facebook Messenger and SMS platform for ecommerce, announced that it has appointed Brian Shanley as the company’s new Head of Sales to help address the exploding demand for Facebook Messenger, SMS, and messaging solutions across ecommerce brands. As direct-to-consumer commerce continues to grow, messaging automation has become a core channel for businesses…
Tag: AI
Facebook To Buy Stake in India’s Meesho Marketplace
Social media company Facebook is going to buy a stake in Meesho, an Indian eCommerce startup that connects people re-selling a variety of items with potential buyers on other platforms, according to a report from Reuters. Meesho is a digital platform for re-sellers of items as diverse as jewelry to smartphones to reach prospective customers…
Ditch the data scientists and weaponize your data with AI tech (VB Live)
‘”Data scientists are all about the quality of the model, tuning it and getting two percent more or 50 basis points — that’s what gets them really excited,’ Butler says. ‘But if you’re a business line owner or you’re running a $100 million renewal business, it doesn’t need to be 99.9998 percent correct. I want…
How to become an AI-First financial institution
“The most successful AI strategies are driven by four pillars: improving data assets, scaling infrastructure to allow widespread experimentation, enlisting employees so that they scout for new AI use cases, and looking for ways AI can solve customers’ problems beyond providing banking services. 1. Improve Data Assets American Express is harnessing the power of its…
Increase bank/credit union revenue by 30%
“According to estimates from Oliver Wyman, if properly deployed, AI has the potential to increase banks’ revenues by as much as 30% in the next five to seven years, and to reduce their costs by 25% or more.” https://www.google.com/amp/s/www.verdict.co.uk/ai-in-banking/amp/