AI for Banks: Is It Only Hype?

February 16, 2021
AITechPark

Every fiduciary interaction involves data and a human component, so artificial intelligence and emotion AI are uniquely positioned to enhance the banking interface in the years to come. Rana Gujral, CEO at Behavioral Signals explains that by understanding the opportunities and challenges facing financial institutions today, AI technology can unlock a plethora of possibilities to increase customer retention, customer satisfaction, and even increase revenue.

You are smart with your money. You budget carefully, research intensely, and only trust your savings with established institutions… so shouldn’t those institutions match your wisdom when it comes to smart technology?

Artificial intelligence (AI) can elevate the conversation between customers and bankers. Every fiduciary interaction involves data and a human component, so AI is uniquely positioned to enhance the banking interface in the years to come.By understanding the opportunities and challenges of integrating AI into banking systems, managers can unlock a vault full of possibilities.

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