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15 Ways We Are Using ChatGPT in Banking

South State Correspondent

Last year they introduced a chatbot that acts like a digital assistant, currently available for free. ChatGPT recently took the SAT ( HERE ) and scored 1020 on the test, ranking in the 52 nd percentile. What are the best practices around the gamification of deposits? What Is ChatGPT?

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AGL Boosts Payments 40% with FICO's Personalised Digital Collections

FICO

AGL wanted to provide a high-quality, best-practice, secure solution that would build confidence and trust with customers while producing a high-value customer experience and deliver strong financials. By 2020, 90 percent of outbound communications were through an automated channel.

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Top 5 Collections Posts of 2019: Analytics and Automation

FICO

However, much of the focus on the FICO Blog was on ways to improve results through automation and analytics. Here are the 5 collections posts from 2019 with the most views on the FICO Blog. How Santander Polska Automated Collections - and Won. 11 Credit Trends That Raise Questions for Debt Collectors. Financial morality

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Decision Platform Know-How Makes Winning Customers Personal

FICO

A similar number (30%), will also turn to AI-assisted next best action programmes across all channels, driving even greater demand for ever-more complex customer management and customer service solutions delivered via decision platforms. Top-Performers Continually Deliver Masterclasses in Best Practice. Saxon Shirley.

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Is Hyper-Personalization a Game Changer for Fraud Management?

FICO

Home Blog Feed test Is Hyper-Personalization a Game Changer for Fraud Management? However, existing personalization practices are maturing and major gaps are appearing in the personalization capabilities currently in place. Now seven out of 10 people expect a personalised experience.

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Top 5 2023 Trends Redefining Banking Today

FICO

This establishes a low-code/no-code environment that empowers business users to define strategies and rules, and test, monitor, and adjust without requiring IT intervention. Financial institutions often earn or lose customers’ trust based on their dedication to security, privacy, and ethical practices (or lack thereof).

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

For those who’ve been reading, we’ve had failure on the brain recently. Partly because it’s a good counterbalance to the typical survivorship bias laden stories we read, and also because understanding failure is critical to the algorithms underlying our product. Some of the fail-related research we’ve issued includes: The Downround Tracker.

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