- “Thanks to AI, banks generate 66% more revenue from mobile banking users than when customers visit branches.
- Companies that estimated their profit from Big Data analysis have reported an average increase in revenue by 8% and a reduction in costs by 10%.
- ABI Research estimates that spending on AI and cybersecurity analytics will amount to $96 billion by the end of 2021.
- According to an OpenText survey, 80% of banks recognize the benefits of AI, 75% of them already make use of this technology, and 46% plan to implement AI-based systems in the near future.”
https://www.finextra.com/blogposting/20158/five-application-scenarios-of-ai-in-banking