Banking Brands Can’t Keep Pace With Digital Giants Without AI

  • “According to an MIT Sloan report cited by IBM, 81% of all enterprises do not understand what data is required for AI
  • Many smaller banks and credit unions do not have the core capabilities or budget to create AI solutions internally, nor do they have to. The reality is that AI solutions will in most cases be built and “productized” by the big players in the space, who will then turn around and offer them to smaller financial institutions. Both parties benefit in this type of collaboration..”

Vikram Bhalchandra of Clairvoyant,

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