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”

https://www.google.com/amp/s/www.businessinsider.in/ai-in-banking-artificial-intelligence-could-be-a-near-450-billion-opportunity-for-banks-here-are-the-strategies-the-winners-are-using/amp_articleshow/69982036.cms