AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks – here are the strategies the winners are using

  • “The aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023, with the front and middle office accounting for $416 billion of that total
  • 75% of respondents at banks with over $100 billion in assets say they’re currently implementing AI strategies
  • 46% at banks with less than $100 billion in assets”

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