“Mumbai-based Infrasoft Technologies and IBS Intelligence have collaborated on a whitepaper that discusses AI-enabled omnichannel banking. The paper also outlines how banks & FIs can harness AI’s power to create an exceptional omnichannel customer experience.
The whitepaper also discusses typical AI use cases in financial services, key drivers for AI-enabled omnichannel banking and key encounters and mitigation plans. For more insights on AI-enabled omnichannel banking and its adoption in the banking industry, you can download the whitepaper from here.”
“Global AI in Banking Market which evaluates that the worldwide market size of AI in Banking is said to thrive with a significant Compound Annual Growth Rate (CAGR) in the anticipated estimate time frame, and this is licensed to the heightening requirement for this item/benefit worldwide sponsored by new innovations and mechanical progressions in the market.
1 AI in Banking Market Overview
2 Global AI in Banking Market Competition by Manufacturers
3 Global AI in Banking Production Market Share by Regions
4 Global AI in Banking Consumption by Regions
5 Global AI in Banking Production, Revenue, Price Trend by Type
6 Global AI in Banking Market Analysis by Applications
7 Company Profiles and Key Figures in AI in Banking Business
Mazzucato believes organizations have been intimidated by the idea of artificial intelligence (AI), but in reality it’s already embedded in many of today’s platforms and commerce technologies. In 2020, many retailers will see the value and relative simplicity of leveraging AI-powered solutions. Mazzucto continued, ‘Selecting the right technology stack is instrumental in harnessing the power of machine learning to increase productivity and discover patterns in behavioral data.'”
According to Saxo Bank, the microchips powering the artificial intelligence revolution could start to yield diminishing returns in 2020.
“As reality sets in on the limitations of AI the SOX Index collapses 50% with deteriorating earnings growth as investments freeze in a new AI winter,” the firm wrote.
Chipmakers’ growth in recent years has come from investments in everything from AI to cryptocurrency. But those gains could sputter in 2020 as actual results fail to meet investor’s expectations, the bank added.”