Artificial intelligence (AI) has been making waves in the banking and finance industry in recent years. With the ability to analyze vast amounts of data and make predictions based on that data, AI has the potential to revolutionize the way banks and financial institutions operate. In this article, we will explore the impact of AI on traditional banking and finance.
The rise of AI in banking and finance has been driven by several factors. One of the main drivers is the increasing amount of data that banks and financial institutions are collecting. With the rise of digital banking and the use of mobile devices, banks are collecting more data than ever before.