“over $1 trillion of today’s financial services cost structure is exposed to replacement by machine learning and artificial intelligence (AI).” Meaning that in the near future, AI will have a huge impact on how financial services enterprises run and do business. Today, the main use case for AI in financial services is in the contact…
Tag: ChatBot
Video: State Farm working to combating AI and Chatbots
This ad for State Farm caught my attention, because it’s one of the first times that I’ve recognized a direct attempt to combat the use of AI and Chatbots. https://youtu.be/bXzE0Uc6zqA
Emotibot Secures USD 30 Million In Series B Round to Create the Industry’s Leading Chatbot and Multimodal Emotional Computing Platform
“Emotibot, a Chinese caring robot solutions provider, has secured USD 30 million in series B round funding, led by China Development Financial, followed by Cathay Financial Holdings. Its existing investors Ecovacs and Advantech Capital participated in this new funding round. Light House Capital served as exclusive financial advisor in the transaction. Founded in 2015, Emotibot…
Conversational AI goes mainstream at Capital One bank
“One of the world’s largest banks explains how it uses natural language processing and intelligent assistants to improve customer service on the web and mobile. Read this insider glimpse into the future of banking and user interfaces.” https://www.google.com/amp/s/www.zdnet.com/google-amp/article/conversational-ai-goes-mainstream-at-capital-one-bank/
An Australian ‘Neobank’ with a 24 hour AI assistant leads the way for future banking
“Neobanks are increasingly becoming a popular choice for busy Australians, but will the future of banking move towards AI-driven banking in 2019? Australian based fintech company, Douugh however have conviction that AI driven digital banking is the way of the future. They believe traditional banks are failing to properly educate people about money management, and…