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57 Results from 2017, /ai

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

CHATBOTS UNDER-HYPE: THE NEW FRONTIER TO SIMPLIFY COMPLEX KNOWLEDGE PART 2

Just as a reminder, Complex Knowledge is any combination of regulatory, statutory, legal, tax, tariff, policy and procedure matter, which is primarily found within documents. USE CASE: HOUSEHOLDER PLANNING PERMISSION Setting the scene The understandings from this particular use case are universal in terms of Complex Knowledge. The initial sce...

/ai /regulation Innovation in Financial Services

Retired Member

Retired Member 

4 AI Use Cases in Fintech in 2018 according to PwC and Gartner

According to Gartner, by the end of 2020, 20% of citizens in developed nations will use AI for everyday operational tasks and a whopping 85% of CIOs (Chief Information Officers) will be piloting AI programs for their organizations through buy, build and outsourcing efforts. By the end of 2018, use of AI is predicted to be widespread through common...

/ai /inclusion Asia Financial Services

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

CHATBOTS UNDER-HYPE: THE NEW FRONTIER TO SIMPLIFY COMPLEX KNOWLEDGE PART 1

The Opportunity The simplification of Complex Knowledge is a paradigm shift opportunity for chatbots, with the potential to bring benefits to every person and every organisation on the planet. The Definition Complex Knowledge is any combination of regulatory, statutory, legal, tax, tariff, policy and procedure matter, which is primarily found w...

/ai /regulation Fintech innovation and startups

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

CHATBOTS: FOLLOWING THE MONEY

At this early stage of the chatbot evolution, it is difficult to determine the current state of being able to value chatbot firms. Valuation of new innovations is often influenced on future potential. A study of 16 firms produced some interesting insights. The selected chatbot firms all have successfully raised funding since June 2016. This pro...

/ai Futuristic Banking

Nikita Blinov

Nikita Blinov Chief Executive Officer at SBDA Group

Retail Banking: the Importance of Being Proactive

Proactivity in digital banking has been acknowledged as important by a number of respected organisations. Efma and Accenture announced the winners of their fifth annual Distribution & Marketing Innovation Awards in October granting an award for a tip-based solution as one of the best innovations in retail banking. The 2017 Banking Technology ...

/ai /retail

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

CHATBOTS OVER-HYPE: UNDERSTANDING THE CONSTRAINTS OF NATURAL LANGUAGE PROCESSING

As covered previously, Chatbot Natural Language Processing (NLP) is not underpinned by Artificial Intelligence that is a Singularity, all knowing, god like. Once this is obviously clear then it is important to understand NLP constraints and limitations. The science behind NLP is to take a free-form text or voice utterance, which is a form of B...

/ai /regulation Innovation in Financial Services

Keith Stonell

Keith Stonell Managing Director, EMEA at Guidewire

Insurtech and Bots in 2018: Should insurers dream of electric sheep?

The movie Blade Runner (and the novel it is based on, Do Androids Dream of Electric Sheep?) depicts a future world where artificial intelligence is taking over. It is a striking dystopia where robots – the replicants – have more humanity than their human masters. Reimagining the future of insurance can get a little bleak too. Insurers might be con...

/ai Fintech innovation and startups

Monica Hovsepian

Monica Hovsepian Global Industry Strategist, Financial Services at Opentext

BANKS: DON’T BE A SCROOGE WITH PERSONALIZED OUTREACH

It’s the time of the year that you either love or dread – get-togethers, office parties, decorations, lists for Santa, Starbucks holiday cups. Plus, your email starts exploding with offers for pre and post Black Friday sales. What is really curious to me is the amount of personalized and targeted emails I am receiving these days from retailers. I h...

/ai /retail

Paul Geiger

Paul Geiger President & Co-Founder at Theorem Technologies

Artificial Intelligence - Making Average Great

There has been a lot of hand wringing over the CME Group’s amendments to Rule 553 (“Average Price System”), and for good reason. It’s no easy task for clearing firms, or their clients, to systematically reverse engineer the trade legs associated with average-priced trades. The resulting reliance on manual processes that are time consuming and err...

/ai Operational Risk Management

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

STATE OF THE CHATBOTS MARKET: OVER-HYPED AND UNDER-HYPED AT THE SAME TIME

The Chatbot market has reached an unbelievable state. It is both over-hyped and under-hyped at the same time. There is no doubt that conversation-as-a-service will become the primary means for humans and machines to interact. The changes will eventually be profound impacting everything. As with any monumental change, the early days are wild as ...

/ai /regulation Digital Banking Trends

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