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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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Artificial Intelligence and Chatbots: Teaching the machine to think

mjvinnovation

Even if you do not realize it, more and more Artificial Intelligence is present in your routine. Smartphones, cars with parking sensors, smart houses, banks, restaurants, call centers. But what is Artificial Intelligence? This process includes some steps, such as reasoning skills, learning and pattern recognition.

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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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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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Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions

Daniel Burrus

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. So in banking, the most identifiable Hard Trend in blockchain technology is people’s response to buying Bitcoin.

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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.