“With Reflektion we actually boosted our revenue per visitor 8-9%, by showing other jacket colors and higher ticket items. With our old solution, we saw products recommended that weren’t really related to the product page you were on at all, usually what would show up were just top sellers.” https://reflektion.com/wp-content/uploads/2018/04/RFK_CaseStudy_SportChek.pdf
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AI sets a new battlefield for e-commerce players
“But AI is changing all of this, and adding tools which make the arsenal owned by e-commerce companies look archaic. Many malls in India and abroad are already adopting AI services which allow them to learn who the customer actually is. The cameras installed in the malls are performing face recognition, and matching it back…
Indonesia’s e-tailer Tokopedia taps AI to hop island chain
“The Indonesian e-commerce market is estimated to be worth $53 billion in 2025, according to a recent report by Google and Temasek, making it the largest in Southeast Asia by some distance. But that big number has attracted numerous rivals. While Tokopedia leads the way with 153 million monthly visits, according to iPrice Group, fellow…
Fidor partners with Finn AI to launch a new AI-powered chatbot for banks
“Today, FinTech pioneer Fidor, a leading digital banking group is announcing its new banking chatbot, designed in collaboration with Finn AI, the world’s leading AI-powered conversational banking technology provider. The conversational bot is part of Fidor’s strategy to accelerate the adoption of AI, Machine Learning and Robotisation in banking when relevant to the customer. The…
How Will People Bank in the Future?
“Most likely, the smartphone will eventually be replaced by something even more integrated with our daily lives, more intuitive and less tactile. In fact, Gartner believes that by 2020, the majority of our devices will be designed to function with limited or no touch. ‘Look at Ant Financial Intelligent Services accurately predicting consumer needs not…