AI bringing brains to your banking as digital revolution gathers speed

“Neobanks will be able to spot your providers in your direct debits, let you know how much you would save if you switched providers and then offer a single-click switch,” he said.

“This is very powerful functionality that has the potential to change the way consumers compare, select and change providers not just across the energy sector, but financial, insurance, and health sectors as well.”

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