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Effective Chatbot Deployment Strategy in Banking

Multiple researches show that chatbots are relatively over-hyped in the marketplace and shown in the press to make banks appear more modern and convenient to customers. In reality, most chatbots in banking are pilot projects with little or no evidence of ROI. Risk-related banking functions such as fraud detection are easier use-cases of AI than conversational …

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8 Things You Should Look for Before Selecting a Compensation Management Solution

“A recent Gallup poll survey revealed that only 2 in 10 employees say their performance is managed in a way that motivates them to do outstanding work and 21% employees strongly agree their pay and incentives motivate them to achieve their goals”. We quite agree to that but here is the catch – it’s a …

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Comprehensive Machine Learning Applications for Banks and NBFC’s with Use Cases!

Artificial Intelligence (AI) spend in the banking and finance industry in the United States has increased at 82.9% during 2018 to reach US$ 696.3 million. Over the forecast period (2019-2025), spend on AI is expected to record a CAGR of 28.4%, increasing from US$ 1,094.9 million in 2019 to reach US$ 6,289.1 million by 2025 …

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