AI blooms eternal in risk and compliance - Banking Exchange

Suddenly fruitful after years of sparse adoption, the long-awaited flowering of artificial intelligence (AI) and machine learning is upon us. Risk management and compliance leaders can expect these advanced analytic technologies will propel productivity-enhancing applications for years to come. But how did we get to this point? And as we enter the third decade of the 21st century, what can we anticipate right around the corner? AI owes its recent gains largely to the accumulation of big data assets and the continually declining cost of computing.