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

Planview

They allow corporations to scale their business, increase the scope of that business, and identify new opportunities—all with minimal increases in labor costs as compared to traditional operating models. Those who fail to implement digital operating models will face huge competitive challenges. No “transformation” was required.

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The Revolution is Here: Generative AI and Project Management

Planview

In its conventional sense, project management has been marked by rigorous methods and stringent controls. But in the wake of generative AI technology, we’re on the brink of a transformative change in how projects are managed. This post details a sampling of the technology transforming project management today and its advantages.

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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. Mainly because competitor information is more accessible than ever before. In this sense, it is essential to restructure companies with new models of digital services that are aligned with their values ??

Design 59
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How IS Prescriptive Analytics transforming the future of business And decision-making

Acuvate

Predictive analytics uses a wide range of techniques such as data mining, statistics, modeling, and artificial intelligence to make the predictions. . It uses a combination of optimization, computational modeling, and AI and machine learning algorithms to help you understand “what we must do.”It Oil and Gas.

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Robotic Process Automation: what changes with the automation process

mjvinnovation

By 2020, automation and Artificial Intelligence will reduce employee needs at shared service centers by as much as 65 percent, according to Gartner, by 2020, the RPA market will exceed $1 billion worldworld. Robotic Process Automation: how it works in practice. Robotic Process Automation: The Advantage for Businesses .

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JP Morgan Developing Powerful Crowdsourcing Platform

IdeaConnection

JP Morgan the American multinational investment bank and financial services company is working on a new website that is going to use crowdsourcing to accumulate large volumes of data to help its clients make better decisions. Details may be scarce but there are tantalizing hints of what the investment bank has in mind.