3 ways cognitive computing can transform banking

What if you had a personal banking bot that warns you when your funds are getting low? Or that you usually buy flowers at a certain time of the year for your mother’s birthday and that you haven’t this year? With cognitive computing, this scenario might soon become a reality. Cognitive computing broadly refers to technology platforms which leverage artificial intelligence (AI) and signal processing to mimic human behavior. They are usually self-learning systems that use a variety of data, predictive analytics and natural language processing. These days, customers expect their financial services institutions to treat them like retailers do…

This story continues at The Next Web


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s