Is AI The Future Of Banking? - Fingent Technology

The pandemic is now the biggest and most critical challenge of traditional banking. Some of these challenges are revenue pressure, data security, customer service management, data collection and analysis, risk management, and so on. These are the warning lights and alarm bells that call for caution over emerging risks. AI (Artificial Intelligence) has gained recognition as an effective solution. AI is empowering the banking industry to provide individualized frictionless customer experiences.