article thumbnail

Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Around 42% percent of banks rely on personalized customer journeys to improve the customer experience.

Banking 212
article thumbnail

Deep tech disruption: How advanced technologies are transforming businesses

CIO

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Business leaders dont need to be technology experts to grasp this shift; they need vision and urgency. Pharma and agriculture companies now leverage AI and gene-editing (e.g.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Beyond Bank CIO: Balancing tradition and innovation in the digital age

CIO

Beyond Bank Australia is one of the largest customer-owned banks in Australia and one of the leading B Corps in the country. Beyond Bank has a real focus on customers who are the members and owners of the bank. Beyond Bank has a real focus on customers who are the members and owners of the bank.

Banking 153
article thumbnail

Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

In the absence of a banking system nearby or a disregard for one, the unbanked resort to these traditional systems because they work completely offline. The third is the lack of customer data since most don’t have an online banking presence. Slowly , an online banking presence is built for them. Image Credits: Bankly.

Fintech 363
article thumbnail

Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

article thumbnail

China banks on open source in AI cold war with US

CIO

The United States has been trying to counteract the popularization of technological solutions from China for years, often taking steps that are contrary to the development of an open market. China is pushing the boundaries of its own AI development every few weeks, and its results are already a serious threat to Western technology.

article thumbnail

Hyperplane wants to bring AI to banks

TechCrunch

Hyperplane, a San Francisco-based startup that is building foundation models to help banks predict customer behavior, is coming out of stealth today by announcing a $6 million funding round led by former Stripe exec Lachy Groom, who was joined by SV Angel, Clocktower Technology Ventures, Liquid2 Ventures, Soma Capital, Latitud, Atman Capital, Crestone (..)

Banking 312
article thumbnail

Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

As technology leaders, it's time to rethink some of your product security strategy. By understanding the latest threats and their solutions, you can come out of this crisis stronger than ever--without breaking the bank. The pandemic has led to new data vulnerabilities, and therefore new cyber security threats.