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How AI Is Modernizing Online Transactions

Dataversity

Braving the global pandemic for the past two years has changed online transactions for consumers and businesses alike. As a result, the digitization of customer online activity with retailers and other businesses has become the preferred way to engage.

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. How did these changes help improve your business performance last year?

Banking 747
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Unlocking the Power of AI with a Real-Time Data Strategy

CIO

Improved recommendations for online transactions. Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports.

Hospitals 725
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What is digital transformation? A necessary disruption

CIO

That means identifying how to use technologies to deliver new products and services, to improve existing products and services, and to streamline processes. Digital transformation has remained a top objective ever since, having accelerated in 2020, as work, commerce, and everyday activities shifted online in response to COVID-19 lockdowns.

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The Role of AI Technology in Tracing People

Smart Data Collective

AI technology has had a huge impact on our everyday lives. One of the most overlooked benefits of AI is that it is helping make it easier to do backgrounds checks and trace people. In an age dominated by AI technology, the ways in which we interact with the world around us are continuously evolving.

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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Artificial intelligence (AI) is all the rage now. One of the critical industries AI is making strides in is the financial technology “fintech” industry. AI now plays a significant role in facilitating financial services, replacing what required manual work a few years ago. AI in fintech is here to stay.

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5 Ways Your Retail Banks Can Use Data to Better Serve Digital Natives

Smart Data Collective

Rapid, wide-scale digitization has taken over many important areas of modern life, as evidenced by the rise and continual flourishing of the internet, artificial intelligence, and mobile devices. She talked about the shift towards cloud banking, the growing demand for data scientists in the banking sector and the demand for narrow AI.

Banking 270