Eying Savings, State Street Wants To Use AI On “Almost Everything” – AI Trends

Banks and other financial institutions (FIs) around the financial services ecosystem are increasingly investing in artificial intelligence (AI) and machine learning (ML) technologies. Roughly 80 percent of banks with more than $150 million in assets have evaluated the use of ML, and many are already debuting new tools and features built…

PH bank clients ready to embrace artificial intelligence but security worries persist

… consumers feel about banks using artificial intelligence or AI to assess eligibility … relieving pressure on the branches, artificial intelligence and machine learning can help … make quick decisions and capture intelligence about customers to offer them … VISIT THE SOURCE ARTICLE Author:

How banks can ride the artificial intelligence wave

Humanoid robots Pepper (above) and Nao are installed in two Japanese banks, where they perform various customer service functions. Photo: Reuters After a chequered history of six decades, artificial intelligence (AI) is not only back in the news, but making headlines for never-seen-before developments—a case…