Insurtech is targeting the back office

#Insurtech is targeting the #backoffice



#AI #fintech @Sbootcamp @sbcInsurTech @PwC

  • Now, however, back offices are beginning to benefit, according to a study from Startupbootcamp InsurTech and PwC to be published today.
  • Here are some of the study’s main findings:

    However, a big barrier still stands in the way of insurtechs realizing their full potential.

  • But Startupbootcamp and PwC’s study found that only 17% of incumbents think they’re good at collaborating with insurtechs, and that many startups find such partnerships “frustrating” and slow.
  • Until this obstacle is overcome, insurtechs might struggle to become indispensable partners for legacy players, regardless of the complexity of the problems they decide to tackle.
  • Sarah Kocianski, senior research analyst for BI Intelligence, Business Insider’s premium research service, has compiled a detailed report on insurtechs that:

    To get the full report, subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and more than 250 other expertly researched reports.

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Beyond banking

Beyond banking
#AI #Fintech #ML #Banking #CX #tech

  • These new players are particularly suitable as partners for banks as they have potential as a delivery system for continued quality and innovation.
  • We can use AI to identify patterns in consumer behavior, which will enable the financial industry to work faster and better.
  • That being said, if banks want to remain relevant they need to—just like any other organisation in a competitive environment— listen and take notice of market demand.
  • Ultimately banks are at the center of the financial services industry.
  • Alongside these relationships, there is also value for banks in seeking cooperation with tech suppliers or transactionally driven organisations that are relevant for the consumer.

What does the future look like? Financial services centered around quality and collaboration where the client comes first.
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AI as the new UI – Accenture Tech Vision

#AI will help companies improve the experience and outcome for every interaction. @Accenture

  • Moving beyond a back-end tool for the enterprise, artificial intelligence (AI) is taking on more sophisticated roles within technology interfaces.
  • From autonomous driving vehicles that use computer vision, to live translations made possible by machine learning, AI is making every interface both simple and smart–and setting a high bar for how future experiences will work.
  • AI is poised to act as the face of a company’s digital brand and a key differentiator – and become a core competency demanding of C-level investment and strategy.

See how Artificial Intelligence plays a wide range of increasingly sophisticated roles in creating better customer interactions at the user interface (UI).
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Is Artificial Intelligence the Next Dot-Com Bubble?

Is #ArtificialIntelligence the Next Dot-Com Bubble? 

 #fintech #VC #AI @nanalyzetweets

  • We’ll stick to playing rock-paper-scissors with AI, but all of this is leading to some serious visibility for AI as an emerging technology – which as investors make us want to get some skin in the game.
  • The recent news that artificial intelligence (AI) startup Afiniti may have confidentially filed for IPO was the first time that we started to feel like this thing might be revving up for real now.
  • It wasn’t just because this would be the first pure-play AI startup to see an IPO, it was because we really couldn’t believe how effective Afiniti’s technology was in adding value.
  • Secondly we’re also seeing a very large number of AI startups getting into the game (over 1,500) which is the same sort of pile-on mentality we saw in the dot-com era.
  • Now you just add a tagline to that same website that says “powered by AI” and now you’re an “AI company”.

If you’ve played Texas Hold’em, then you know how tough it is to be a good poker player. Lots of venture capitalists like to play poker, so it wasn’t surprising to see one who thought to himself “let’s see how good artificial intelligence (AI) really is“. He consulted a team of engineers and computer scientists to see where they might be able to exploit the AI agent named Lengpudashi. They then played 36,000 hands over 5 days and the AI agent kicked the isht out of them. We’ll stick to playing rock-paper-scissors with AI, but all of this is leading to some serious visibility for AI as an emerging technology – which as investors make us want to get some skin in the game. The problem is, there aren’t many ways to do that yet.
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iot infographic

#IoT Tectonics - #SmartCity #SmartMobility #CyberSecurity #AI #BigData #OpenData

  • (You knew we were…
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        Anyone who has ever had to justify social media spend will appreciate that it feels good to have figures to cling to.

  • We know that a lot of the value is relatively intangible – it’s about sentiment, awareness, relationship…
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      Snapchat is, relatively speaking, one of the newbies on the social media block.

  • “Is that the one that people use to send dirty pictures when they’re…
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    When you think of social channels like Facebook, what do you picture?

  • Is it people over sharing feelings and pictures of their children?

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IoT Central covers: Infrastructure, Application Dev, Data Security and more.
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AI as the new UI – Accenture Tech Vision

#TechVision2017 trend 1: #AI is about to become your company's digital spokesperson.

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  • USHERING IN AN ERA OF DISAPPEARING TECHNOLOGY
  • Deploy AI well across company interfaces, and customers no longer need to understand complicated technology to use it: they can simply talk to, gesture at, or touch the AI that controls it.
  • AI is the new UI: Experience Above All
  • Moving beyond a back-end tool for the enterprise, artificial intelligence (AI) is taking on more sophisticated roles within technology interfaces.

See how Artificial Intelligence plays a wide range of increasingly sophisticated roles in creating better customer interactions at the user interface (UI).
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Snapchat Is Beginning to Use Machine Learning to Improve Ad Targeting

Snapchat is beginning to use machine learning to improve ad targeting:

  • Snap’s expected IPO coming sometime next year will likely keep a fire lit under Snap to further innovate.
  • While GBB campaigns are still charged on a CPM basis, Snap says the campaigns end up being more effective.
  • Snap has also been making a big push to improve measurement.
  • Snapchat is adding ways to optimize campaign performance with the help of machine learning.
  • According to CBInsights , Snap Inc. acquired four patents in 2016, and while it’s nowhere near the 16 it received in 2015 or the 18 it received in 2014, it’ll likely need to keep innovating next year.

Snapchat is adding ways to optimize campaign performance with the help of machine learning.  Earlier this month, Snap Inc. began rolling out what it calls Goal-Based Bidding (GBB). The option, available to marketers buying ads through Snapchat’s API, uses machine learning to know which users are most likely to swipe a certain type of ad.
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