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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. Keep reading to understand this movement and see what the main benefits of Open Banking are! Why are banks investing in Open Innovation? New technologies and new consumer behaviors are forcing banks to move.

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How banks can build customer loyalty through design

mjvinnovation

These changes in user consumption behavior must always be on your radar, for banks and other financial institutions. In this sense, it is essential to restructure companies with new models of digital services that are aligned with their values ?? The conglomerate of technology giants dictates market rules. UX Writing.

Design 59
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Daniel Burrus’ Top 20 Tech-Driven Hard Trends Shaping 2017

Daniel Burrus

Artificial Intelligence (AI), Advanced Machine Learning and Cognitive Computing Applications. Advances in Machine Learning and AI, such as IBM’s Watson, coupled with networked intelligent sensors, will create a giant leap forward thanks to exponential advances in computing power, digital storage, and bandwidth.

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Advanced Analytics in HR: Applications and Examples

Acuvate

One way to reduce attrition is by using advanced analytics and NLP to harness the employee reviews data from employment websites like Glassdoor, Indeed, Comparably etc. Bank of America saves $15 million with retention analytics. And Bank of America was experiencing a similar problem with its call centres as well.

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Applications of Artificial Intelligence (AI) in business

hackerearth

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Although AI has been around since the 1950s, it is only recently that the technology has begun to find real-world applications (such as Apple’s Siri). trillion per annum from their less informed peers by 2020.”

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Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.

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Daniel Burrus’ Top 20 Technology-Driven Hard Trends Shaping 2018 and Beyond

Daniel Burrus

I have been writing about each one of these technology trends for many years, but for one to make it on my Top 20 list, it has to be developed enough for you to apply it to exponentially grow your business. 1 Artificial Intelligence (AI), Advanced Machine Learning and Cognitive Computing Applications.

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