By Twinkle

AI is for decision making, and ML makes the system to learn new things from data. Businesses are coming up with intelligent applications, integrated with AI and ML enabled features. Hence, it is becoming tough for existing apps to survive in their respective industries. Are you among those old market players, who are facing reduced user engagement or retention due to the upgraded rivals, armed with Artificial Intelligence and Machine Learning deployments?

 

By Isabel Kunkle

Mobile banking will be a $1.82 billion market five to six years from now, a growth rate of 12.2% a year, analysts at Allied Market Research report. This isn’t surprising in many ways. Consumer banking has moved from the teller’s window to the ATM to the personal computer over the years, as busy customers try to avoid long lines and inconvenient branch hours, and more and more people get their paychecks deposited directly into their bank accounts.