Have you ever asked a chatbot a question about opening a savings account? Has your bank ever called you to verify account activity on your credit card? These are just a couple of ways artificial intelligence (AI) is quietly working behind the scenes to improve your banking experience. AI is booming, and it seems no industry has remained untouched by its impact and prevalence. Finance and banking are among the sectors discovering groundbreaking ways to harness the power of this game-changing technology.
This article explores what AI in finance means, its benefits, its impact on the industry and 15 examples of how it’s transforming financial services.
