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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. Hence, leveraging banking data is no longer an ambitious technology project; it is a business imperative. The pioneers are already reaping the rewards.

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AI Has Taken the Boardroom by Storm. Here’s What You Must Know.

Planview

is an internationally recognized high-tech executive with decades of experience in corporate general management, governance, strategy, technology, and operations. Just a few years ago, AI was a buzzword – an interesting technology on the back burner of IT departments. bank with 750 million customers and 9,000 employees.

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Unleashing Innovation: Mastering AI-Driven Design Thinking Strategies

Leapfrogging

The integration of Artificial Intelligence (AI) in this process has opened up new avenues for innovation and efficiency, leading to the development of AI-driven design thinking strategies. Ideate : Generating a range of possible solutions. Prototype : Building a version of one or more of your ideas to show to others.

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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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Personalizing the Banking Experience with GPT and Chatbots

Acuvate

Banks are constantly exploring innovative ways to streamline their operations to offer an uplifted customer experience. One such transformative technology that has taken the world by storm is the combination of Generative Pre-trained Transformers (GPT) and chatbots.

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Personalizing the Banking Experience with GPT and Chatbots

Acuvate

Banks are constantly exploring innovative ways to streamline their operations to offer an uplifted customer experience. One such transformative technology that has taken the world by storm is the combination of Generative Pre-trained Transformers (GPT) and chatbots.

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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.