Financial institutions are using AI to enhance operational efficiency, improve decision-making, and transform customer experiences. The plan is working. Read on to learn more.
Financial institutions use AI to detect and prevent billions of dollars of fraud each year in areas including account takeover, check fraud, identity theft, money laundering, and terrorist financing, among others.
In the lending space, digital workflows are streamlining processes like decision-making and funding loans, and helping traditional financial institutions keep pace with evolving demands.
In the dynamic world of commercial banking, high-performing treasury management teams are pivotal for pioneering client-centric digital products that redefine financial services.
Theo Lau, founder of Unconventional Ventures and author of the new book Banking on Artificial Intelligence, shares a vision of how banks could help consumers navigate financial uncertainties.
