How AI Is the Next Step In the Digitization Of the Finance Sector

“The financial industry is waking up to the tremendous transformative potential of AI. Industry experts believe that leveraging AI will help the banking industry save a whopping $1 trillion come 2030. Another report by Narrative Science in 2018 revealed that over 32 per cent of banks out of the total surveyed had already adopted advanced AI-based techniques such as predictive analytics, recommendation engines, voice recognition, and response times in their operations.”

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