“The value of voice banking is becoming well known enough for an ongoing flurry of related releases either by banks or in partnerships with tech developers. Wells Fargo recently launched a virtual assistant but is playing catch up to other American banks. For instance, U.S. Bank launched a voice assistant for its mobile app last…
Tag: Nuance
Microsoft in Talks to Buy AI Firm Nuance Communications
“Microsoft Corp. is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc., according to people familiar with the matter. ‘This can really help Microsoft accelerate the digitization of the health-care industry, which has lagged other sectors such as retail and banking,’ said Anurag Rana, a Bloomberg Intelligence senior analyst. ‘The…
Artificial Intelligence at Barclays – Current Initiatives
“In this article, we discuss three of Barclays’ AI initiatives in particular, as well as the AI vendors the bank claims to have worked with: Risk Modeling with Simudyne: Predictive analytics for analyzing the risk of lending to a loan applicant. Voice Recognition for Authentication with Nuance: Natural language processing-enabled identity verification and authentication via…