“With more than 25% of businesses dealing with between 1,000 and 9,999 data sources, integrating, reconciling and managing this data to get to its value has also become exponentially more challenging. A recent survey of global Chief Data Officers (CDOs) by IDC indicates that high levels of data fragmentation are forcing 37% of data leaders…
Tag: artificial intelligence
AI disruption is already here, even if we don’t notice it
“IBM’s report on the state of AI, the IBM Global AI Adoption Index 2022, highlights that nearly 80% of businesses are either using AI in their business today or are exploring its usage. The report goes on to indicate that the top barriers to AI adoption are lack of technical skills (cited by 34% of…
Why Do “Data” and “A.I.” Always Go Together?
“At its core, A.I. is an algorithm, which in plain English is a process that takes inputs and produces outputs. Much like your car, which is just a hunk of metal sitting the garage until it has fuel to make it go, an algorithm on its own with no data to process can’t make anything…
5 Tips for Improving Banking Customer Care with AI
“Although the financial services sector acknowledges that AI will play an integral part in the industry’s future, most companies are only investing in small-scale pilots or niche use cases. 32% of financial service providers use AI for predictive analysis, voice recognition and others. As AI becomes the main differentiator, it’s about time to fully embrace…
Glia acquires Finn AI to provide banking virtual assistants
“New York-based fintech Glia recently acquired Finn AI, an artificial intelligence (AI)-powered chatbot platform for banks and credit unions. Leveraging AI and banking expertise, Finn AI builds conversational banking platforms for financial institutions so their customers can manage their money and improve their financial literacy. Finn AI has partnered with major FIs including ATB Financial,…