Harnessing AI for omnichannel banking, discusses Infrasoft’s whitepaper

  • “Mumbai-based Infrasoft Technologies and IBS Intelligence have collaborated on a whitepaper that discusses AI-enabled omnichannel banking. The paper also outlines how banks & FIs can harness AI’s power to create an exceptional omnichannel customer experience.
  • The whitepaper also discusses typical AI use cases in financial services, key drivers for AI-enabled omnichannel banking and key encounters and mitigation plans. For more insights on AI-enabled omnichannel banking and its adoption in the banking industry, you can download the whitepaper from here.”

https://ibsintelligence.com/ibs-journal/ibs-news/harnessing-ai-for-omnichannel-banking-discusses-infrasofts-whitepaper/

AI in Banking Market 2019 by Emerging Technology and Top Players – Forecast Research 2025

https://www.orianresearch.com/request-sample/751677

“Global AI in Banking Market which evaluates that the worldwide market size of AI in Banking is said to thrive with a significant Compound Annual Growth Rate (CAGR) in the anticipated estimate time frame, and this is licensed to the heightening requirement for this item/benefit worldwide sponsored by new innovations and mechanical progressions in the market.

Executive Summary

1 AI in Banking Market Overview

2 Global AI in Banking Market Competition by Manufacturers

3 Global AI in Banking Production Market Share by Regions

4 Global AI in Banking Consumption by Regions

5 Global AI in Banking Production, Revenue, Price Trend by Type

6 Global AI in Banking Market Analysis by Applications

7 Company Profiles and Key Figures in AI in Banking Business

8 AI in Banking Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Global AI in Banking Market Forecast

12 Research Findings and Conclusion

13 Methodology and Data Source”

http://techilabs.com/ai-in-banking-market-2019-by-emerging-technology-and-top-players-blue-frog-robotics-bsh-hausgerate-fanuc-hanson-robotics-harman-international-industries-ibm-intel-cisco-systems-abb-forecast/114194/

Intelligent Search in Banking and Financial Services – Current Capabilities

  • “The  potential influence of artificial intelligence and machine learning on enterprise search can be understood as two important capabilities:
  • Making more information accessible – An AI application can also accomplish this through automatically adding metadata to backlogs of enterprise data.
  • Enabling companies to ask deeper questions – Employees could search for documents and information beyond what directly pertains to a single keyword.”

https://emerj.com/partner-content/intelligent-search-in-banking/

Digital bank Chime quadruples valuation in less than a year to $5.8 billion as it takes on megabanks

  • “Chime, the largest of a new breed of branchless U.S. banks, raised $500 million in a series E round it closed recently valuing the company at $5.8 billion, according to people with knowledge of the situation. That is a remarkable increase from its last round nine months ago, when it raised $200 million at a $1.5 billion valuation.
  • But Chime appears to have struck on a winning formula: It targets the disaffected customers of traditional banks with no-fee accounts, free overdrafts and early direct deposits on paychecks. That’s led to torrid growth, going from 1 million accounts last year to about 6.5 million this month.”

https://www.google.com/amp/s/www.cnbc.com/amp/2019/12/05/chime-quadruples-valuation-to-5point8-billion-as-it-raises-500-million.html


Chris Britt

Chime CEO

http://linkedin.com/in/cbritt