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EU passes AI Act

By |2024-03-19T10:18:06+00:00March 19th, 2024|

The European Parliament has passed the AI Act, the first major AI regulatory framework to become law. It is being seen by experts as potentially setting an international benchmark akin to the impact of GDPR on data privacy standards back in 2018. The framework aims to ensure transparent development and utilisation of AI within the EU, establishing guidelines for AI systems deemed high-risk. In response to concerns from the tech industry about potential restrictions on innovations like ChatGPT, the legislation adopts a risk-based, tiered regulatory strategy rather than a broad, one-size-fits-all approach. It also specifies varying compliance timelines based on the perceived risk level of AI applications. The legislation categorises AI according to its risk level, delineating prohibited uses, essential [...]

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Direct Mail Continues to Deliver

By |2024-03-05T08:06:41+00:00March 5th, 2024|

The latest data from JICMail reinforces our recent article about the resurgence of print (which you can read here: https://www.thesoftwarebureau.com/print-the-comeback-kid/) The research shows that direct mail is not only holding its ground, but is playing a pivotal role in driving significant commercial returns for businesses. The Power of Mail in Numbers The Q4 2023 data reveals that 6.5% of direct mail prompted a purchase, marking a notable increase from 4.8% in the same quarter the previous year. This surge underscores the evolving consumer behaviours, particularly the increasing regard for direct mail as a communication channel and the shift towards e-commerce, with 3.3% of mail driving online purchases directly. The digital footprint of mail extends further, with 8.4% of recipients visiting [...]

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The Curious Case of AI-Generated Data Hacking: A Cautionary Tale

By |2024-02-05T09:30:28+00:00February 5th, 2024|

In the ever-evolving landscape of cybersecurity, a bizarre new trend has emerged, blurring the lines between reality and fiction. Picture this: a hacking forum on a quiet Sunday, buzzing with the advertisement of a stolen data cache from Europcar. The claim? Over 48 million customers' personal information up for sale. The twist? The data might just be a figment of artificial intelligence's imagination, specifically conjured up by ChatGPT. Europcar's response was swift, with spokesperson Vincent Vevaud debunking the claim after a meticulous examination. The inconsistencies were glaring: The purported number of records didn't match Europcar's database. Sample data was likely AI-generated, featuring non-existent addresses, mismatched ZIP codes, and bizarre email domains. None of the email addresses were found in Europcar's [...]

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2024: A year for data protection regulation reform?

By |2023-11-27T12:14:35+00:00November 27th, 2023|

Following its airing at the recent King’s Speech the much-discussed Data Protection and Digital Innovation Bill (DPDI) will have its ‘remaining stages’ in the House of Commons on 29 November. There are 21 possible amendments to the Bill all most of which have been referred to as ‘common-sense’ and it is expected to fly through parliament, meaning it is likely to become law early next year. The DMA supports the ratification of the Bill having been heavily involved in shaping many of its elements. Key differences to GDPR include: How personal data is defined Under DPDI information will only be considered as identifiable by a person other than the controller or processor if that other person obtains the information as [...]

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Cost of Dirty Data: The £900 Billion Annual Burden on UK Business

By |2023-11-14T10:23:03+00:00November 14th, 2023|

Dirty data is costing the UK economy £900 billion. The impact of unclean data is estimated to stand at 20% of an organisation’s revenue. In 2023 revenue of UK business is thought to total £4.5 trillion meaning that failing to keep customer data up-to-date cost £900bn. In terms of the impact of this on individual businesses, a single ‘inaccurate’ customer record is currently costs an organisation £81.11. Experian research reveals that 22% of customer records within the average database are inaccurate. This means that an organisation with a database comprising 500,000 customer records could be looking at a £811,000 cost to the business. The retail sector was found to have the highest associated cost of unclean data at £300bn, whilst [...]

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In the mood for giving: How well-being sparks generosity through direct mail

By |2023-10-31T17:06:16+00:00October 31st, 2023|

A new academic study from the University of Massachusetts and Georgia Institute of Technology has found a connection between donor well-being and their generosity, suggesting that designing direct mail campaigns that makes people feel happy will be an effective way to encourage donations. The concept explores the concept of “preheating,” by replicating the warm glow often associated with post-donation moods. While psychologists are familiar with this idea, the study is the first to identify the impact of this on charitable giving. Using natural language processing tools the sentiment of communications donors sent before and after they made a donation were analysed. The researchers detected a reliable and statistically significant mood boost in communications sent up to about an hour before [...]

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Unleashing the Magic of Mail

By |2023-09-25T12:24:44+00:00September 25th, 2023|

We are all now coming round to the fact that there's something timeless and magical about direct mail. You just have to scan the recent news headlines to see that mail’s resurgence is not a flash in the pan. According to JICMAIL its effectiveness recently reached its highest point in a year and a half, with an impressive 31 per cent of mail driving positive commercial outcomes for brands. It is also now the most trusted form of marketing by consumers and commands attention for c.2 minutes across a lifespan of 28 days in the home. Its therefore unsurprising that Marketreach has breathed new life into their "Magic of Mail" campaign, aiming to showcase the incredible attributes of physical mail [...]

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Keeping Pace with AI Ethics

By |2023-09-08T12:13:43+00:00September 8th, 2023|

Artificial Intelligence (AI) has become an integral part of our lives, from voice assistants to recommendation systems and autonomous vehicles. Its transformative power has brought both remarkable advancements and profound ethical dilemmas. Recent calls from MPs urging the Prime Minister to pass new legislation for AI safety in the UK, before the EU takes the lead, have brought the spotlight back onto the importance of AI ethics and the critical role data hygiene plays in ensuring safe AI systems. The Call for AI Safety Legislation MPs are sounding an alarm, warning that the UK risks falling behind in the global AI race if comprehensive AI safety legislation is not put in place promptly. The European Union is poised to establish [...]

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Direct marketing spend at highest level since 2006

By |2023-08-02T10:08:51+00:00August 2nd, 2023|

The ongoing cost-of-living crisis has had a big impact on media spend, the latest IPA Bellwether report reveals. Main media budgets encompassing TV, online, radio and press have tanked, whilst direct marketing, events and sales promotions have soared, reflecting reactive change by UK businesses in response to the economic climate. Sales promotions achieved the highest growth rate (13.4 percent), its biggest uplift in more than two decades of survey data. This indicates that marketers are keen to support their customers by providing them value for money, through offers and deals. Events also performed well, experiencing an increase of 9.3 percent. The growth is attributed to a desire from brands to have closer, more personal relationships with their customers. Underpinning this [...]

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Those most likely to donate as a result of Direct Mail

By |2023-07-21T09:18:23+00:00July 21st, 2023|

A new study, The Future of Direct Mail 2023, reinforces the effectiveness of direct mail, with the overwhelming finding that 81% of people engaging with direct mail in some way. Almost two thirds were found to have purchased a physical product as a result of receiving a piece of DM, 43% took advantage of a discount or special offer that was promoted through the mail, 35% applied for a financial product whilst 25% donated to charity as a direct result of a call to action within a mail pack. With charity fundraising suffering as a result of the cost-of-living crisis, understanding the impact of direct mail and who is most likely to respond is incredibly valuable. The report finds that, [...]

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