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Meet 11 of the Most Interesting Chatbots in Banking

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With consumer expectations increasing, the use of artificial intelligence, machine learning and chatbots in banking is also increasing. Banks and credit unions worldwide are testing new applications and deploying new solutions to improve the overall digital customer experience. Subscribe to The Financial Brand via email for FREE!More and more banking organizations are leveraging artificial intelligence to launch chatbot solutions, reducing costs and serving increasingly tech-savvy consumers. In many instances, chatbots are developed to facilitate two-way communication, replacing channels such as phone, email or text. The objective is to provide quick service and transactional support.


Erica, Eno, Aida and 8 More Interesting Chatbots in Banking

#artificialintelligence

With consumer expectations increasing, the use of artificial intelligence, machine learning and chatbots in banking is also increasing. Banks and credit unions worldwide are testing new applications and deploying new solutions to improve the overall digital customer experience. Subscribe to The Financial Brand via email for FREE!More and more banking organizations are leveraging artificial intelligence to launch chatbot solutions, reducing costs and serving increasingly tech-savvy consumers. In many instances, chatbots are developed to facilitate two-way communication, replacing channels such as phone, email or text. The objective is to provide quick service and transactional support.



5 Common Myths about Chatbots!

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AI-driven chatbots are changing the way we interact with applications allowing businesses to render an improved customer experience. But attached to these benefits are some misconceptions too. Here are 5 common myths about AI-based Chatbots. "Some people call this Artificial Intelligence, but the reality is this technology will enhance us. So instead of artificial intelligence, I think we'll augment our intelligence."


AI Applications Across Major Industries - DZone AI

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Even though Artificial Intelligence (AI) has been around as an academic and scientific discipline since the 1950s, the proponents of AI have never been as hopeful as they are in the present times. It's needless to mention that the current surge in AI research, investment, and real business applications is unprecedented. Market Intelligence firm IDC in their New IDC Spending Guide, September 19, 2018, predicted that the worldwide spending on cognitive and Artificial Intelligence systems would reach $77.6B by 2022. Similarly, Gartner projects the business value created by AI at $3.9T by 2022. While the philosophical debate on the ethical concerns around AI continues in several circles, we have seen myriad business applications of AI.