AI is also leveraged to provide a more personalized banking experience. Despite for instance, the online platforms adopting a referral based predominant approach to recommend new products or services, banks... Read More
Author: finxl321
AI is incredibly good at pattern matching , banks can now spot unusual activity such as fraud or system malfunctions. For example, a hacker will no longer gain access to... Read More
Risk prediction is essential as banks are always in the business of deciding where to put their money and how they get around on assets. Through AI-powered analytics, banks will be... Read More
By enabling companies to customize their offers and provide individualized recommendations, artificial intelligence is revolutionizing customer service. AI algorithms allow banks to offer customized solutions by examining consumer behaviour, preferences,... Read More
The way investment banking functions is being drastically altered by AI, which is making it more accurate and efficient. Banks are now better equipped to forecast risks and returns thanks... Read More