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Is AI the Solution for the Banking Sector? (Part 2: Solution)

Tom Spencer

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Engagement : Systems that analyze unstructured text, image, and video data to offer customized solutions (e.g. Defining AI.

Banking 84
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Ralph Hamers on Disrupting the Banking Industry

BCG

Video Tuesday, September 20, 2016. The bank’s stated purpose: “Empowering people to stay a step ahead in life and in business.” To this end, ING aims to simplify the banking experience, making its services fast, easy, and accessible. The following are edited excerpts of their conversation.

Banking 40
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State Bank Nonsense from Ellen Brown Revisited

MishTalk

Before I tie this back to Ellen Brown''s state bank thesis, here are the pertinent charts once again. Top 5 in Long-Term Solvency Ellen Brown Revisited Ellen Brown has made a career promoting the idea North Dakota is doing well because it is the only state with a state run bank. PolicyMic Produced this Chart of State Fiscal Conditions.

Banking 66
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The Transformative Power of AI in Business

Tom Spencer

For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior. Supply chain management is another area where AI is revolutionizing operations.

Data 147
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A focus on CX and EX helped Citizens Bank thrive amid pandemic

1 to 1

Businesses across all sectors were sent scrambling as the world largely shut down in the pandemic’s early days, but banks – where brick-and-mortar locations historically were the cornerstone of day-to-day business – faced some of the biggest changes and challenges. Watch an on-demand video of Condon and Bicker’s conversation here.

Banking 26
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Marketing Tips and Tools for your Internship

Tom Spencer

This could include social media flyers, videos, and emails. For example, Sprout Social is a useful social media management platform that can be used not only to create and schedule posts but also to uncover trends and insights from the data that could be used to inform a company’s marketing and business strategy.

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James Grant Conference Video: Inflation Expectations, Growth, Policy Problems; Europe Has Become Japan

MishTalk

Here''s an interesting video from the recent James Grant Conference. Note: you may have to click on the play arrow twice to start the video. Note: you may have to click on the play arrow twice to start the video. It is that money that has no counterpart on the balance sheet of a central bank indicating that it''s a liability.