Artificial Intelligence in Banking: Hong Kong Academy of Finance Publishes Report on AI and Fintech

“The most extensive use of AI applications can be seen in the middle office functions, accounting for some 57% of total number of use cases where the technology has been adopted or planned to be launched. This is followed by customer services accounting for 17%, while front and back offices account for 12% and 14% respectively.”

The report, Artificial Intelligence in Banking: The Changing Landscape in Compliance and Supervision, may be downloaded here.

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