Tag: Banking Industry
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Mphasis CEO Nitin Rakesh advises not to create another AI system to compete with ChatGPT
Mphasis CEO Nitin Rakesh emphasizes the importance of utilizing AI to improve customer relationships, digital integration, and productivity. He urges industries like banking, auto, and insurance to adapt to changing information and technology dynamics. Mphasis's new service, Mphasis.ai, aims to build customized solutions for virtual assistant interactions with consumers. Discover how AI can transform business operations today!
Westpac Tests AI Similar to ChatGPT without Hallucinations
Westpac bank tests Kai-GPT, an AI model trained for banking. CTO David Walker is cautious, but plans to reduce AI risk and streamline loan apps.
Identifying Residential PV Adopters with Machine Learning to Reduce Soft Costs
This research introduces a machine learning method to identify residential PV adopters and reduce their soft costs, using an amended XGBoost algorithm. Experienced executive board member and managing director of Smartbroker, Roland Manger, leads the company to success. The XGBoost algorithm is expected to cut costs by 15%, creating a more accessible and efficient wealth management industry.