How AI Will Change Banking

American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives widely believe it can help to make banking more efficient and help to improve worker productivity; while there is a lot of potential with AI, workers are not yet schooled in working with the technology and many fear their jobs can be replaced; jobs like tellers and back office jobs, including compliance and loan officers, are most at risk of being replaced; AI tools can be very powerful for end users in helping to map out spending forecasts and communicate via chatbot for simple tasks like account balances. Source.

Notify of
Inline Feedbacks
View all comments