5 applications of Artificial Intelligence that are disrupting the banking sector

“Artificial Intelligence enables banks to manage record-level high-speed data to receive valuable insights. Moreover, features such as digital payments, AI bots, and biometric fraud detection systems further lead to high-quality services for a broader customer base. Artificial Intelligence comprises a broad set of technologies, including, but are not limited to, Machine Learning, Natural Language Processing, Expert Systems, Vision, Speech, Planning, Robotics, etc.

  1. Robo Advice
  2. Customer service/engagement (Chatbot)
  3. Credit Scoring / Direct Lending
  4. General Purpose / Predictive Analytics
  5. Cybersecurity”

https://ibsintelligence.com/ibsi-news/5-applications-of-artificial-intelligence-that-are-disrupting-the-banking-sector/

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