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Application of advanced analytics and machine learning in the banking industry

hackerearth

Banks have always been custodian of customer data, but they lack the technological and analytical capability to derive value from the data. Whether it is a bank, non-bank, or fintech, competing in the banking revolution comes down to how efficiently the available data can be used to solve business challenges and better serve the customers.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. Additionally, even though banks invest large sums of money in contact centers for handling inbound customer queries, a majority of these calls are generic and repetitive.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation. JPMorgan’s CEO reported in his annual letter to shareholders that the U.S. bank spent $9.5 These companies also report a robust financial performance.

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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Each of these technologies impact multiple functions within a company and influence different industries differently: Artificial Intelligence. Machine Learning. Artificial Intelligence. Machine Learning. Let’s look at how top technology trends are expected to drive innovation in 2018.

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The Revolution is Here: Generative AI and Project Management

Planview

As chatbots pervade all aspects of our digital lives — from banking to education to shopping — those who plan and run projects for a living will expect the same intelligence, ease of use, and real-time explanations from our project management solutions.

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When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

That comes on the heels of a 2017 report from the McKinsey Global Institute that found that 51% of total working hours and $2.7 The number of bank tellers has doubled since ATMs were introduced. Basic activities like legal discovery are now largely done by algorithms. Overall, the US is facing a massive labor shortage.

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Big Techs in the insurance industry: how to use a User-Centrism strategy to address them?

mjvinnovation

In return the company offered access to its vast experience in areas such as artificial intelligence, machine learning and digital marketing. Much has been reported that there is interest of the giant of technology in advancing more in this sector. How can a User-Centrism strategy help you tackle Big Techs?