“Think about personal finance apps such as Cleo, which allows users to track spending and saving through interactions with a chatbot. Digit, which automatically decides how much its users can afford to save based on their income and outgoings and moves an appropriate amount into their savings account every month. Swedbank, one of Sweden’s largest…
Tag: Brandon McGee
RBL Bank selects AWS to drive AI capabilities
“RBL Bank has chosen Amazon Web Services (AWS), the cloud computing arm of Amazon.com, to strengthen its artificial intelligence (AI)-based banking solutions and drive digital transformation at the bank. ‘The bank’s AI Centre of Excellence worked with AWS to create a templatized framework to roll out use cases using Amazon SageMaker to quickly and easily…
Edge computing with AI brings real-time insights to banking
“‘What is lacking now is real-time alerts. Banks are working now on very close to near real-time alerts — and this is where edge-computing comes in. It helps banks achieve the future trends of banking, allowing us to have an omnichannel experience,’ said Bose during his presentation at the AI Accelerator Institute summit. Hyper-personalization –…
Northern Credit Union and interface.ai partner to elevate banking experience
“interface.ai provides an out-of-the-box Intelligent Virtual Assistant that acts as a ‘personal banking teller’ to help members 24×7. interface.ai’s Intelligent Virtual Assistants currently power several Banks and Credit Unions across the world. ‘The pandemic has made member behavior on call centers permanent. There is a sustained increase in call center traffic, in the order of…
Walmart to sell its e-commerce technologies to other retailers
“Through a strategic partnership with Adobe, Walmart will integrate access to Walmart’s Marketplace, as well as its various online and in-store fulfillment and pickup technologies, into the Adobe Commerce Platform. Walmart’s Marketplace had grown to an estimated 70,000 sellers in 2020, fueled by a surge in online shopping triggered by the pandemic, according to third-party…