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A Comprehensive Guide to Key Terms for Creating Intelligent Virtual Assistants

In the ever-evolving world of technology, it seems like there's always a new buzzword or concept to wrap our heads around. From natural language processing to generative AI, it's easy to get lost in the jargon. Whether you're an AI enthusiast or a curious learner, this glossary will provide you with the essential understanding of key terms and concepts needed to navigate the intelligent virtual assistant (IVA) landscape effortlessly. So sit back, relax, and get ready to explore the exciting world of IVA technology! Key Terms for Building Intelligent Virtual Assistants Artificial Intelligence (AI) Artificial Intelligence, often referred to as AI, is a remarkable field of technology that focuses on creating computer systems capable of imitating human-like intelligence. These advanced systems are designed to carry out tasks that traditionally require human abilities, such as making decisions, recognizing and understanding speech, translating between different languages, and

Information Services Group, Inc : U K Banks Adopt Digital Platforms to Compete with FinTechs

Information Services Group, Inc.: U.K. Banks Adopt Digital Platforms to Compete with FinTechs LONDON, Dec. 22, 2020)), a leading global technology research and advisory firm. The 2020 ISG Provider Lens Banking Industry Ecosystem Report for the U.K. finds banks in the country interested in cloud-based core banking systems, instant payment technologies, automated anti-money laundering services, and API-led applications. The COVID-19 pandemic has accelerated adoption of digital platforms in the U.K., with both banks and merchants pushing for a cashless society. The pandemic has fast-tracked the move in the U.K. toward online transactions, said Bryn Barlow, ISG partner based in the U.K. and co-leader of the firm s EMEA BFSI industry practice. Banks are looking for better coordination between their own platforms and their customers digital information and records.

Banks in German-Speaking Countries Turn to Technology Providers to Improve Customer Experience

Banks in German-Speaking Countries Turn to Technology Providers to Improve Customer Experience ISG Provider Lens™ report finds a growing interest in contactless payments, driven in part by the COVID-19 pandemic FRANKFURT, Germany, Dec. 22, 2020 (GLOBE NEWSWIRE) Banks in Germany, Austria and Switzerland (DACH) are looking to transform and improve customer experiences, and many are turning to technology service providers to help them manage and modernize their core banking systems, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2020 ISG Provider Lens ™ Banking Industry Ecosystem Report for the DACH region finds banks there, amid rising competition from the fast-growing FinTech industry, are looking to service providers to help them attract and retain customers through technology-driven, easy-to-use loan and credit solutions.

Information Services Group, Inc : Banks in German-Speaking Countries Turn to Technology Providers to Improve Customer Experience

Information Services Group, Inc.: Banks in German-Speaking Countries Turn to Technology Providers to Improve Customer Experience FRANKFURT, Germany, Dec. 22, 2020)), a leading global technology research and advisory firm. The 2020 ISG Provider Lens Banking Industry Ecosystem Report for the DACH region finds banks there, amid rising competition from the fast-growing FinTech industry, are looking to service providers to help them attract and retain customers through technology-driven, easy-to-use loan and credit solutions. While many banks in the region have typically used internal resources to update their technology, large banks are beginning to rely on service providers, while small banks are building their own core banking systems, with support from technology providers.

U K Banks Adopt Digital Platforms to Compete with FinTechs

U.K. Banks Adopt Digital Platforms to Compete with FinTechs GlobeNewswire 2020-12-22 ISG Provider Lensâ„¢ report also sees the COVID-19 pandemic pushing banks in the U.K. toward digital, cashless services LONDON, Dec. 22, 2020 (GLOBE NEWSWIRE) Banks in the U.K. are shifting to digital platforms to gain a competitive advantage against the rising FinTech industry, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2020 ISG Provider Lens â„¢ Banking Industry Ecosystem Report for the U.K. finds banks in the country interested in cloud-based core banking systems, instant payment technologies, automated anti-money laundering services, and API-led applications. The COVID-19 pandemic has accelerated adoption of digital platforms in the U.K., with both banks and merchants pushing for a cashless society.

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