Saturday, March 23, 2019
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Customer Service AI Bot Being Tested by Royal Bank of Scotland

If you hate dealing with bank tellers or customer service representatives, then the Royal Bank of Scotland might have a solution for you. The bank is testing a text-based artificial intelligence bot named Luvo that...

How Big Data Analytics, AI and Machine Learning is Being Leveraged Across FinTech

I am sure that you have heard of one of the only profitable FinTech unicorns in the world: Klarna. A customer making an online purchase enters only their email address and zip code on...

Conservative Financial Industry Progressing with Machine Learning

Savvy marketers in the financial services industry are in the vanguard of early adopters using machine learning (ML) to streamline operations and optimize business outcomes. A survey of 1,419 customers, including more than 150 in...

Robots and AI Invade Banking

No longer just the objects of fascination in science fiction, robots are beginning their invasion of banking. Robots and artificial intelligence in banking have the potential to reduce costs, expand skills, and improve the...

AI Learns the Stock Market

It was an accidental discovery. Miami based start up, Premonition, was set up to do legal analytics. They assembled the World's largest litigation database and trained an artificial intelligence system to read it. The results were unexpected....

Robot Advisers Driving A Banking Revolution

Silicon Valley is coming for Wall Street. Startups in financial technology—or fintech—are disrupting the industry by solving some of banking’s biggest headaches, particularly in local banking and consumer finance. EY’s first FinTech Adoption Index report—based on...

Let these chatbots help you manage your money

Can a chatbot help you manage your money? Three London-based fintech startups are betting on the answer being yes and have jumped aboard the messaging gravy train as they seek to entice millennials to...

Companies Are Reimagining Business Processes with Algorithms

In the early 1990s, executives and managers welcomed information technology — databases, PC workstations, and automated systems — into their offices. They saw the potential for significant business gains. Computers wouldn’t just speed up...

Financial Institutions Bullish on Intelligent Chatbots

Research reveals that most banking providers will be using automated chatbots to handle a significant volume of customer conversations in the near future. Some are doing it already. Powered by chatbots, conversational commerce (Voice-First...

Deep Learning Catches On in New Industries, from Fashion to Finance

The machine-learning technique known as deep learning, which has shown impressive results in voice and image recognition, is finding new applications. A machine-learning technique that has already given computers an eerie ability to recognize speech...






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