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Sabtu, 28 Juli 2018

Barclays pushes AI — Flipkart shutters eBay India — Pinterest eyes an IPO

This week's highlights: Ford is pouring billions into digital transformation, Flipkart is shuttering eBay India, Apple is testing new HomePod features, and much more
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Barclays is broadening its AI push

Major UK bank Barclays is broadening the ways it uses AI after becoming a "flagship customer" of AI company Simudyne Technology.

Simudyne is focused on using AI to create models of various situations a bank could be put in, including models that account for human mistakes and run simulations, as a means of lowering risk and reducing error.

The bank is looking to leverage the technology in its trading, lending, and risk management divisions.

For context, Barclays has been working with Simudyne since May 2017, when the two signed a collaboration deal after Simudyne participated in Barclays' fintech accelerator program.

Business Insider Intelligence's Jaime Toplin has the full story.
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BRIEFING HIGHLIGHTS

Ford is pouring billions into digital transformation

Ford will invest $11 billion in a corporate restructuring to digitally transform itself over the coming decade. Read More →

Flipkart is shuttering eBay India

Flipkart will be shutting down eBay.in, which it acquired in April 2017, and will be creating a new proprietary platform from which to sell refurbished goods. Read More →

Apple is testing new HomePod features

Apple is testing several updates to the software for its HomePod smart speaker that would add key functionality for users. Read More →

Alphabet beat its Q2 earnings expectations with $32 billion — but its "Other Revenues" slowed

Google parent Alphabet's Q2 2018 earnings reached $32 billion, a 25% year-over-year (YoY) increase from $26 billion in Q2 2017. Read More →

Pinterest nears $1B in ad sales

Pinterest is reportedly close to hitting $1 billion in ad revenues, up from $500 million in 2017, and the company is reportedly planning a mid-2019 IPO. Read More →

Monese has hit 500,000 users

UK-based provider of mobile-only current accounts Monese has signed up 500,000 users since its launch in 2015. Read More →

Uber Freight has revealed a partnership with Land O' Lakes

The digital freight marketplace operated by the US ride-hailing giant, updated its core mobile application late last week to make it easier for carriers to find and move refrigerated freight. Read More →

YouTube is working to retain creators

YouTube CEO Susan Wojcicki on Friday penned a blog post that explained the company's top priorities for better supporting the platform's creators. Read More →

Walmart.com is introducing influencers

Walmart has moved to increase the appeal of its website through the addition of influencer content. Read More →

TV networks secure higher upfront ad prices

Advertisers are still willing to pay higher prices for ads on traditional TV, despite continually shrinking viewership. Read More →
 
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RESEARCH IN FOCUS

Personal Finance Management

The ability to conduct banking activities via a sleek mobile app is no longer enough to satisfy consumers — it's table stakes. In this report, Business Insider Intelligence analyzes the different approaches banks can take to offer their customers better PFM features as competition from fintechs increases. We also explain the benefits and potential challenges related to each approach. Additionally, we provide insights into how the industry may change in the future, what banks can do to stay on top of developments, and which PFM features are becoming table stakes. Learn More →

Big Tech in Healthcare

The healthcare industry is undergoing a profound transformation. In this report, Business Insider Intelligence explores the key strengths and offerings the Big Four will bring to the healthcare industry, as well as their approaches into the market. We'll then explore how these services and solutions are creating opportunities for health systems and insurers. Finally, the report will outline the barriers that are inhibiting the adoption and usage of the Big Four tech companies' offerings and how these barriers can be circumvented. Learn More →

AI in Marketing

In a new report, Business Insider Intelligence examines the current and potential applications of AI within marketing. We dive into how AI enhances personalization, and identify the best practices for marketers looking to integrate the nascent tech into their strategies. We also look at how marketers cam implement AI to better target audiences, gain a competitive edge, and analyze data from social platforms. Finally, we evaluate how these applications will transform — and enhance — the way marketers analyze data, conduct burdensome tasks, and create content. Learn More →
 
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CHARTS OF THE WEEK

Offering the most in-demand mobile banking features could help banks grow returns

Offering the most in-demand mobile banking features could help banks grow returns

US physicians are concerned virtual care will cause medical errors, privacy issues

US physicians are concerned virtual care will cause medical errors, privacy issues

Trust is the biggest barrier to growth for Amazon, Google, and Apple in the smart speaker market

Trust is the biggest barrier to growth for Amazon, Google, and Apple in the smart speaker market
 
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