545 Results from /ai
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
After so much innovation and disruptive technologies, the issues surrounding legacy systems still prevail at scale. For example, Global Banks are spending around US$220bn a year on IT expenses, with over 70% spent on maintaining legacy systems. These huge legacy maintenance costs are delivering less each year as the complexity of needs increases,...
20 April 2018 /ai Fintech innovation and startups
Retired Member
Are you happy with digital marketing agency? I mean sure, they are great for creating “awareness” but how often do they result in conversions or even a solid lead? Unless you are marketing FMCG goods like cherry flavoured cola, traditional digital marketing agencies can be sinkhole for cash without any significant ROI. This is especially true if ...
15 April 2018 /ai /retail Asia Financial Services
The financial services industry has witnessed considerable hype around Artificial Intelligence (AI) in recent months. We’re all seeing a slew of articles in the media, at conference keynote presentations and think-tanks tasked with leading the revolution. AI indeed appears to be the new gold rush for large organisations and FinTech companies alike...
12 April 2018 /ai /payments
There is a growing expectation that chatbots can be used for recruitment. The obvious low hanging fruit is for a chatbot to: Answer questions about the job on offer Qualify a prospect through a set of gated interviews: General questions Job specific questions Specialist questions Organise interview face-to-face meetings Provide the qualified...
06 April 2018 /ai Finance 2.0
Millennials, often termed the ‘me generation’, are some of banking’s most valuable and most demanding customers. Driven by service quality, personalization and price, they expect to be the focal point of their financial service provider’s attention, at all times. Meeting and exceeding their ever-growing demands is going to require ‘someone’ very s...
03 April 2018 /ai /inclusion
Over the past few years, interest in artificial intelligence has begun to rise in the minds of the everyday person. Artificial Intelligence, formerly known and dismissed as technology only possible in the mind of Hollywood creatives, has now begun to see a huge surge in interest by real-life people. This rise in consciousness can only be ascribed ...
02 April 2018 /ai Business Knowledge for IT
Pooja Golakonda Lead Consultant at Edgeverve
Quoting Babak Hodjat words “A lot of what AI is being used for today only scratches the surface of what can be done. It will become so ubiquitous that we won’t even call it AI anymore.” For the Nextgen to rewind and know that this form of me existed, I (AI)write this blog about my current phase –I call it, my late teens. It will not be too far befo...
30 March 2018 /ai
Since the beginning of online services, lawyers have been the major influence upon the customer consent process. Their preferred instrument is to produce dense content, such as terms and conditions, combined with a tick box for the customer to acknowledge they have read, understood and given their consent. In practice, most people don’t read this ...
30 March 2018 /ai /regulation Fintech innovation and startups
Human civilization has come a long way since the times of using Stone Age and Iron Age implements for hunting, agriculture, mobility and in general, for addressing all aspects of human existence . The basic urge to improve the quality of life by using tools is perhaps hardwired into the human brain as evidenced by many inventions across all the cu...
29 March 2018 /ai
Do you remember the sensation around the launch of Microsoft’s chatbot, Tay? It was an exciting breakthrough in AI and people across the globe were logging on to chat with Tay and test her knowledge. However, in a matter of hours, Tay took on racist overtones, fed by inputs from her very users. The incident of Tay demonstrates the inherent fears p...
26 March 2018 /ai Innovation in Financial Services
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