“Retailer spending on artificial intelligence will reach $7.3 billion per year by 2022, according to Juniper Research. Research shows that 29-percent of consumers who own digital personal assistants have used their device to shop online. Fortunately for retailers, reports Juniper, the cost of AI tools will drop 8-percent during the next four years. As this…
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Bankers Expect AI To Make Your Financial Life More Personal
“96% of banking executives say the pace of innovation in their companies has quickened over the past three years. Accenture survey, 85% of banking executives say digital demographics that are generated by how consumers interact with digital tools provide powerful new ways to serve customers. Similarly, a large majority of banking executives (80%) say new…
ginnie: New Artificial Intelligence Software Set to Help eCommerce Sellers Grow Sales with Better Product Descriptions
“According to Statista 2.14 billion people worldwide will buy goods and services online by 2021. In Canada, PayPal reports that eCommerce businesses are growing 28 times more than those who are not selling online. According to Salsify 51% of the time, a product listing with more bullets will convert at a higher rate and outrank…
Einstein Analytics for Financial Services enhances banking CX
“With its new Einstein Analytics for Financial Services, Salesforce seeks to drive AI in banking further into both retail consumer finance and wealth management. Regions Financial Corp., a $129 billion company, with 1,500 Regions Bank branches across the American South, Midwest and Texas, expanded its AI footprint with a tool it calls Banker Assist using…
Google I/O: From ‘AI first’ to AI working for everyone
“Two years ago at the annual developer conference, Pichai laid out Google’s “AI first” strategy. On Tuesday, he laid out ways AI is having a significant impact across across all of its platforms, products and services. ‘We are moving from a company that helps you find answers to a company that helps you get things…