- “HSBC is replacing more manual processes, with artificial intelligence (AI) being used to automate when ATMs need to be refilled.
- The iCash AI technology has reduced ATM refills, which are done by third parties, by 15% – saving $1m.
- To calculate how much money is needed and where, iCash uses live ATM data and predictive machine learning algorithms that factor in seasonality, holidays, public events, location and recent withdrawal trends.”
