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Stock impact report

Backbase unveils Intelligence Fabric to unlock AI-productivity gains for banks [Financial Post (Toronto, Ontario, Canada)]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Financial Post
Amsterdam, Sept. 25, 2024 (GLOBE NEWSWIRE) — Backbase is excited to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform. This groundbreaking launch is set to redefine how banks can harness the power of data and AI to unlock significant productivity gains within their business-critical customer servicing and sales operations. AI is already playing a pivotal role in transforming banking, driving efficiency, improving risk management, and orchestrating contextual, relevant customer experiences. As the AI super-cycle continues to reshape the financial landscape, Backbase is rising to meet these challenges head-on with the introduction of the Intelligence Fabric. Introducing Agentic AI for banking With the new Intelligence Fabric, Backbase will enable banks to implement Agentic AI capabilities t Show less Read more
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