article thumbnail

Shopping with Fraud Protection and Adaptive Artificial Intelligence

CIO Business Intelligence

The amount of money lost to card-not-present fraud in 2020 was six times greater than what merchants lost in 2019, according to the Nilson Report. That wasn’t a fluke either, as the 2019 numbers were four times higher than 2018. Just starting out with analytics? Find out more about Intel advanced analytics.

article thumbnail

Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

article thumbnail

Top 10 Analytics Trends for 2019

Timo Elliott

2019 is the year that analytics technology starts delivering what users have been dreaming about for over forty years — easy, natural access to reliable business information. Machine learning everywhere.