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Redefining banking through AI and big data

NCR

The rise of the Millennials is creating a revolution in the economy. Artificial intelligence (AI) and data science will most likely be the fuel of the new approach to finance. The answer comes down to understanding that AI is an umbrella name for multiple technologies built on big data and neural networks.

Big Data 111
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Breaking Banks: Big Data Use in Real Time Transactions [AUDIO]

Bank Innovation

Next up was data and its use in providing context to the consumer experience. Brett King opened yesterday’s episode of Breaking Banks with the new Citibank report, which suggests disruption will lead to a 30% cut in employees across the retail banking sector.

Big Data 150
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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

; increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. More than ever – millennials seek customized experiences without a corresponding increase in prices. They are tech savvy, mobile and social.

Marketing 156
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CCB Taps Youth Market by Leveraging Big Data

FICO

China Construction Bank (CCB) hopes to reach more millennial consumers and is using alternative scoring services to improve decision making and improve financial inclusion efforts to reach this demographic. Our new risk-based underwriting strategy is helping to us to maximize our overall profitability while expanding lending to millennials.”.

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Navigating The Overstuffed Weight Loss Market

PYMNTS

But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”. Noom is an app-based method for tracking calories and activity.

Marketing 131
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How Payments Security Drives Digital Transformation

PYMNTS

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. It’s all about the data : Second is to use Big Data analytics to get an omnichannel perspective. APIs pull together and collect data, but algorithms can obtain intelligent data for new services.

Security 100
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KKday And Building For The Instagram Traveler

PYMNTS

global resources and integrating it with KKday’s strong marketing and Big Data programs, we will be able to change the in-destination travel operations model.”. is not just a financial investor, but is valued as a strategic investor. By utilizing H.I.S.’ Building a More Unique Experience.