How AI Is Protecting Against Payments Fraud
80% of fraud specialists using AI-based platforms believe the technology helps reduce payments fraud. 63.6% of financial institutions that use AI believe it is capable of preventing fraud before it happens, making it the most commonly cited tool for this purpose. Fraud specialists unanimously agree that AI-based fraud prevention is very effective at reducing chargebacks. […]
AI Is Predicting The Future Of Online Fraud Detection
Bottom Line: Combining supervised and unsupervised machine learning as part of a broader Artificial Intelligence (AI) fraud detection strategy enables digital businesses to quickly and accurately detect automated and increasingly complex fraud attempts. Recent research from the Association of Certified Fraud Examiners (ACFE), KPMG, PwC, and others reflects how organized crime and state-sponsored fraudsters are increasing the sophistication, scale, […]
Why AI Is The Future Of Cybersecurity
61% of enterprises say they cannot detect breach attempts today without the use of AI technologies. 48% say their budgets for AI in cybersecurity will increase by an average of 29% in Fiscal Year (FY) 2020. Breach attempts are proliferating with Cisco reporting that in 2018, they blocked seven trillion threats on behalf of their customers. […]
10 Charts That Will Change Your Perspective Of AI In Marketing
Top-performing companies are more than twice as likely to be using AI for marketing (28% vs. 12%) according to Adobe’s latest Digital Intelligence Briefing. Retailers are investing $5.9B this year in AI-based marketing and customer service solutions to improve shoppers’ buying experiences according to IDC. Financial Services marketers lead all other industries in AI application adoption, with 37% […]
What’s Next For You? How AI Is Transforming Talent Management
Bottom Line: Taking on the talent crisis with greater intelligence and insight, delivering a consistently excellent candidate experience, and making diversity and inclusion a part of their DNA differentiates growing businesses who are attracting and retaining employees. The book What’s Next For You? by Ashutosh Garg, CEO and Co-Founder and Kamal Ahluwalia, President of eightfold.ai provide valuable insights and a data-driven roadmap […]
Indeed’s 10 Most Popular AI & Machine Learning Jobs This Year
AI and Machine Learning job postings on Indeed rose 29.10% over the last year between May 2018 and May 2019. Machine Learning and Deep Learning Engineers are the most popular jobs posted on Indeed between 2018 and 2019. Machine Learning Engineers are earning an average salary of $142,858.57 in 2019 based on an analysis of […]
Customer Experiences Define Success In A Digital-First World
91% of enterprises have adopted or have plans to adopt a digital-first strategy. Of these enterprises, 48% already have a digital-first approach in place. Creating better customer experiences (67%), improving process efficiency through automation (53%), and driving new revenue (48%) are the top three digital business strategies enterprises are investing in today. 35% of enterprises […]
How To Get Your Data Scientist Career Started
The most common request from readers is how to further their careers in analytics, cloud computing, data science, and machine learning. I’ve invited Alyssa Columbus, a Data Scientist at Pacific Life, to share her insights and lessons learned on breaking into the field of data science and launching a career there. The following guest post is authored by […]
Seven Things You Need To Know About IIoT In Manufacturing
Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of Information Technology (IT) […]
Event Report: FinancialForce Doubles Down On Customer-Centric ERP #FFCommLive19
PSA, Subscription Billing Power Customer Centric ERP Almost 600 customers, partners, and influencers joined the FinancialForce team in Las Vegas. May 7th to 9th, to experience the latest in professional services automation (PSA) and customer-centric ERP. CEO and President, Tod Nielsen, kicked off its user conference at the Aria Resort and Casino in Las Vegas. […]
