Financial Services firms recognize how technology can improve operations, reduce costs and increase customer satisfaction.
As Embedica, we are using how to apply Artificial Intelligence (AI) and advanced analytics to reshape firm from internal operations to customer experience to treasury services and payments.
The rise of AI in the financial industry proves how quickly it’s changing the business landscape even in traditionally conservative areas. Here are just some of the most popular examples of AI in finance. Artificial intelligence (AI) is transforming organizations, driving growth and innovation and changing the way they think about integrating and analyzing data.
While there are regulatory, ethical and privacy concerns surrounding AI’s applications, for financial institutions (FIs) there are myriad advantages. According to Intertrust, 94 percent of UK-based financial services industry decision makers believe that AI has the greatest potential to revolutionize the sector over the next five years, more so than blockchain and the Internet of Things (IOT) along compliance with privacy of data according to court of law.