AI in banking: from the innovation lab to production

Some 80% of the world's top financial firms are spending billions on artificial intelligence to improve their services and compete with each other. New research from NVIDIA uncovers what those firms are doing and how they're deploying these resources. Competition for consumers and their financial data continues to intensify across incumbent banks, fintech, big tech, and big-box retail. This is compounded by highly innovative digital experiences being deployed across industries, which continue to shift consumer expectations. Kevin Levitt, head of NVIDIA Financial Services says that financial services companies must enhance the level of personalisation, data security, customer service, pricing, and more in the creation and delivery of financial products or expect to lose market share to those who do.