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The Promise of AI in Banking

Published: 2021-01-01

Organization: RFS

Overview: Artificial intelligence (AI) technologies are increasingly pervasive, but in the banking industry, the implementation of AI applications is still in its infancy. As these technologies continue to mature, banking offers the ideal application area for such intelligent applications. Facilitated by decreasing costs of data storage and processing, as well as rapid advances in AI technologies, banks today have a major opportunity to formulate an AI strategy and deploy AI applications.

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