@Faisalwebbie Yes 80% of the data out there is unstructured and traditional programming systems are not equipped to derive insight out of it and that is where cognitive computing makes a difference #IBMCloudChat#ICICIAppathon
@seemapk, Everyday, financial and banking institutions collect massive volumes of data, but much of it is unstructured, does Cognitive computing would help in streamlining these to make banks more efficient? #IBMCloudChat
@Faisalwebbie yes not just streamline, but help you derive the insights and analytics that helps make better informed decisions and serve your customers better #IBMCloudChat#ICICIAppathon
we have seen enough examples be it easy payments, roboadvisories, intelligent fraud detection, mobile banking and many more #IBMCloudChat#ICICIAppathon
there is much more to come with the advent of technologies such as AI, Blockchain becoming more mainstream and that is where appathons like these bring up fresh thinking ! #IBMCloudChat#ICICIHackathon
@ibm_in@seemapk#IBMCloudChat i.e. if you lost your wallet with ATM and your phone too. Now if you want to block your card then you can send a text message from other mobile with “secret code”. The system will notify to that device & block the card.
@seemapk It's providing free for only 30 days and 10 services at a time as I think. Will it be provided free for future if idea implemented successfully. #IBMCloudChat#ICICIAppathon
Hi, @seemapk Ma'am, We are just planning to develop an app where users can enable and disable their card using an app. It may help to prevent Internet Banking Frauds. #IBMCloudChat
Security and fraud detection are pertinent problems and solutions that cater to these in the digital world are always welcome #IBMCloudChat#ICICIAppathon
Will digital disruption in banking sector help it to tackle the competition that it is facing from the alternative financial service providers? #IBMCloudChat
competition will always be there from multiple areas, using digital technologies and tools will always help differentiate and stay ahead of the curve #IBMCloudChat#ICICIAppathon