Artificial Intelligence/Machine Learning (AI/ML)
With COVID-19, enterprises across industries accelerated their technology investments, including their adoption of AI. The Economist’s research team found that 86% of the financial services executives plan to increase artificial intelligence investments over the next five years, with the strongest views expressed in APAC (90%) and North America (89%).
Using AI/ML, financial institutions can ensure a better customer experience by enhancing the quality of financial services and products offered to customers and can improve efficiency through cost reduction and productivity enhancement. However, to successfully leverage AI/ML, financial institutions need to understand the advantages, challenges, and potential use cases of these technologies.
Read this whitepaper to:
- Understand the challenges that are driving financial institutions towards AI/ML adoption
- Decode various AI/ML use cases for banks and financial institutions
- Learn how financial institutions can successfully adopt AI/ML
- Know about Newgen AI/ML Data Science Platform