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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. from 2022 to 2028.

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AI Technology is Essential for Online Fraud Prevention

Smart Data Collective

One particular scam called fraudulent Buy Online Return In-Store (BORIS) is thought to have cost retailers a staggering $1.6 This dedicated squad operates entirely in the online world, building algorithms that make online purchases safe and limited the losses that can come through fraud. It’s not just about preventing losses, though.

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Generative AI in Investment Banking

Alpha Sense BI

It is predicted that among large global investment banks, genAI can boost their front-office productivity by 27% to 35%, resulting in additional revenue of $3.5 Within their retail divisions, banks introduced ATMs in the 1960’s, and in the decade that followed, electronic card-based payments. million per employee by 2026.

Banking 59
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Manulife reports strong 2021 results with record net income of $7.1 billion and core earnings of $6.5 billion, with double-digit growth in APE sales and new business value; Global Wealth and Asset Management net inflows tripled to $27.9 billion

Wink Intel

Global Wealth and Asset Management (“Global WAM”) net inflows 5 of $27.9 A record year for our retail wealth business with net inflows of $29.2 Global WAM average AUMA 5 increased by 20% in 2021. . In Global WAM, we continued to diversify our offerings. APE sales 5 of $6.1 billion in 4Q20.

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Athene enhances its fixed indexed annuity lineup

Wink Intel

WEST DES MOINES, Iowa GLOBE NEWSWIRE) — Athene USA (“Athene”), a premier provider of retirement savings products for individuals and institutions, has added three new indices to its market-leading suite of retail fixed indexed annuities. They are protected from market loss because the interest credit will never fall below zero.

IT 40
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Athene Enhances Its Fixed Indexed Annuity Lineup

Wink Intel

WEST DES MOINES, Iowa, July 27, 2023 (GLOBE NEWSWIRE) — Athene USA (“Athene”), a premier provider of retirement savings products for individuals and institutions, has added three new indices to its market-leading suite of retail fixed indexed annuities. For more information, please visit www.athene.com.

IT 40
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2024 Interest Rates Outlook and Implications for Investors

Alpha Sense BI

For the full year, the credit loss ratio is expected to remain within but near the top of the group’s through-the-cycle credit loss ratio of 70 basis points to 100 basis points. There’s a lot of inflationary factors affecting running a retail business today. Interest rates are higher to run a company.