AI in fraud detection for retail operations has become more and more important due to the rise of online shopping and e-commerce to exploit weaknesses in payment systems and steal valuable customer information. Therefore, retailers should utilize AI to enhance their fraud detection capabilities. In this blog post, we will identify the impact of fraud […]
AI in the retail market is expected to grow higher and higher with the growth from $4.84 billion in 2021 to $31.84 billion in 2028. However, not all companies understand and are ready to grasp the benefits of AI to boost their performance. Therefore, this article will introduce briefly the recent trends of AI, the […]
AI in banking and insurance is swiftly changing, as well as other industries in the world. By automating everyday tasks and delivering personalized customer experiences, AI is fundamentally altering the operations of these institutions and their interactions with clients. This blog post delves into the developing role of AI in banking and insurance, highlighting its […]
We proudly announces the formation of Verysell AI, the premier AI consultancy and solutions provider, created through the merger of Smart81 and Applied AI Lab. This strategic move enhances Verysell AI’s reputation as a leading provider of enterprise AI solutions. By leveraging the combined expertise of both entities and 35 years of experience from Verysell Group in delivering […]
AI-driven personalization in retail is important to build deeper and more meaningful relationships. Therefore, by utilizing AI technologies, retailers can make data-driven decisions and amplify customer needs in the market. In this blog post, we will explore how AI is transforming personalization in retail operations. >> Explore our previous blog post: Top 8 Attractive Use […]
Artificial Intelligence in the retail industry is being developed when you can read customer’s minds exactly what they want, sometimes, even before customers know they want it. This is the power of Artificial Intelligence in the retail industry, which is at the core of customizing every customer’s journey. How would you blend this powerful AI […]
AI agents for loan processing is expected to grow, leading to more innovative solutions and improved financial services. Due to the growth of AI revolutionization, AI in loan processing is transforming traditional methods, making them more efficient, accurate, and customer-friendly. Loan processing systems are using technologies such as: machine learning and natural language processing that […]
AI in retail operations has and will continue to revolutionize as other industries in the market like banking, insurance, financial services, and so on. According to PwC’s report, it is forecast that AI can potentially gain 15.7 trillion dollars to the global economy by 2030. In this blog post, we will discuss the top five […]
AI fraud detection and prevention in BFSI is the most famous use cases, which significantly enhances security measures in today’s world. Due to the growth of digital banking, implementing AI-driven solutions has become crucial for maintaining trust and safety in financial transactions. In this blog post, we will show more about AI fraud detection and […]
Agentic AI in retail operations is the transformation fueled by advancedments in Artificial Intelligence (AI) for the retail industry. It is an advanced form of AI that demonstrates autonomous decision-making abilities, goal-setting mechanism, problem-solving behaviors adaptation without intervention from humans and risk management. In this blog post, we delve into how agentic AI is reshaping […]