Transforming Financial Services with Artificial Intelligence

Artificial intelligence (AI) is the tech to watch. IDC forecasts that spending on AI technologies will grow to $97.9 billion in 2023--more than two and a half times the spending level of 2019. Where is AI's growth coming from? He says AI's explosive growth is happening in consumer finance and capital markets. Banks, insurance companies, payment firms and others are investing in AI Centers of Excellence (CoE).