Consumer Resistance to Banking AI in Illinois

Few banks are disclosing the number of AI users that engage with their chatbots. Why? Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot. ERICA has been in use for over 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 700 consumers of banking products and services to find out the resistance to AI in Illinois. To start with, about...

SmartStream’s AI Solution Supports Continuous Streaming

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air Version 4, which provides the continuous streaming of reconciliations using the latest AI cloud-native technology. The new version will manage large volumes of data in a variety of non-standard formats and structures, it will check for accuracy and completeness on a continuous basis, without the need to reload unmatched items. SmartStream Air Version 4 supports both real-time and...

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