“The move toward more efficient digital processes has 75% of surveyed companies across all financial sectors saying that they now employ some form of high-performance computing, deep learning and ML to accelerate core computing. 43% of survey respondents who are implementing AI to improve their processes said that they are getting more accurate models, while…
Tag: PYMNTS.com
AI-Powered Tech Essential to Keep Pace With Consumer Digital Banking Expectations
“Most consumers are reaching for their phones or laptops first when it comes time to conduct routine financial tasks. PYMNTS data shows 70% of United States consumers at larger financial institutions (FIs) report this is the case. 41% of individuals in the same report stating mobile as their preferred banking channel of choice. 478 million…
Walmart Tests Same-Day Grocery Delivery In China
“Walmart is piloting same-day grocery delivery in China via a new service called Walmart To Go. According to a report in TechCrunch, customers in China can access the service via a mini-program within WeChat, which is the messaging app owned by China’s Tencent. Walmart partnered with WeChat earlier in 2018 to tap that market of consumers.”…