Here’s why machine learning is critical to success for banks of the future

  • “’We have 608 million transactions every month. Hence, with AI and machine learning we are able to identify a good transaction done by an innocent person versus transaction conducted by criminals,’
  • Prior to the advent of ML, decisions were made on a rule-based system, where the same criteria are applied across a broad customer segment, subjecting them to a one-size-fits-all solution.”

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