How Artificial Intelligence Is Going To Affect The Financial Industry In 2018

Over the last few years, artificial intelligence has helped push the envelope in terms of technological advancements in the financial industry. For example, consumers can use facial recognition to log in to financial apps and use voice commands to check their balances. This year, artificial intelligence is set to disrupt the industry even further. Dr. Jason Mars, a computer science professor at the University of Michigan and the CEO of Clinc, has first-hand knowledge of how artificial intelligence will evolve in 2018. Using deep neural networks, Clinc has developed a conversational AI platform for financial institutions that is like a more advanced "Siri for your bank account" or a "Google Now for your finances," but it supports the same natural language flow that you would have with a personal banker.