AI to offer banking, untouched by human hands - Banking Exchange

Amid all the other emerging and morphing technologies that banks continue to have to deal with, it looks like they'll have to add another to the list: artificial intelligence. Based on observations from a number of analysts, the rise of artificial intelligence applications in financial services has gone far beyond facetious comparisons to movie-borne rogue computers and androids that seek to destroy mankind. AI applications now seem more likely than ever to be applied to everything from battling money laundering, to making loan decisions, to individualized financial planning, to regulatory compliance, and more. After all, while robots have been building cars for decades, soon it's likely that they will be driving them as well. How much further of a leap is it, then, to use what Aite Group calls "inorganic intelligence" to take computing to the next level, further increase operational efficiency, and improve results?