AI in Banking: Revolutionizing Customer Experience, Fraud Prevention, Quantitative Finance, and Operational Efficiency

Artificial intelligence is helping banks and credit unions reduce friction points in their customer experiences and more, per new research from American Banker.
H2O.ai, Ethos and Corridor Platforms are among the tech companies that have recently released software designed to help banks keep generative AI in check.
Legacy payment systems won't cut it as autonomous software agents begin transacting and collaborating at scale. New payment rails that take advantage of blockchain technology will be vital in the future.
Standing on the sidelines when it comes to the implementation of artificial technology in the investment banking sector is no longer a viable strategy. Companies must move ahead, or risk being left in the dust.
Mike Abbott, global banking lead at Accenture, shared where he sees banks using the technology most effectively in the year ahead.

















