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4 industries where chatbots will have the biggest impact

CIO Business Intelligence

Banking: bots to help both consumers and analysts Like healthcare, the banking sector is poised to nearly triple its chatbot investment by 2030, from $2.45 Banking customers are increasingly using chatbots in their everyday transactions. Banking customers are increasingly using chatbots in their everyday transactions.

Industry 104
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The new CIO mandate: Selling AI to employees

CIO Business Intelligence

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. AI-enabled smartphones, those containing chips powerful enough to run AI applications, are already coming to the market.

Survey 134
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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO Business Intelligence

“For financial institutions, it can transform the way they offer services and training, making them more convenient, engaging, accessible and inclusive.” Metaverse applications are developing quickly. According to  Gartner , 25% of people will spend at least an hour in the metaverse by 2026.

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

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. billion of global investments in AI by 2026, according to Markets and Markets. by 2025, according to IDC.

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The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

billion revenue to Bahrain’s GDP by 2026, according to IDC’s Economic Impact study. This year, Singapore-based Whampoa Group also selected Bahrain as the HQ location for its new digital bank. Ultimately, the Recovery Plan aims to provide 20,000 citizens with government cybersecurity training by 2026.

Cloud 107
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Proposal to bring digital kiosks to Seattle streets raises debate: Public benefit or landscape clutter?

GeekWire

cities where the digital kiosk program has been implemented, and the hope among stakeholders is to bring the devices to Seattle in time for the FIFA World Cup in 2026. It records which applications are opened and for how long, and an anonymous tally is kept of user visits to each kiosk. There are currently 18 U.S.

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Bitcoin’s role in global remittances and cross-border payments

Dataconomy

Traditionally, people have relied on fund transfer services, such as Western Union and conventional banks, to send money across borders. Image credit ) Bitcoin use in cross-border payments and remittances Among the most promising Bitcoin applications is global remittances. However, these options are expensive for most people.

Banking 28