How AI Is Becoming Integral to Fintech Security

Forward-thinking financial institutions already understand that properly deployed AI can yield worthy benefits – not just when it comes to making the sector more efficient, but in providing a more intuitive, engaging user experience. According to a Business Insider report, 80% of banks understand that AI technology is fast becoming standard-operating-procedure. A similar number are already investing in research and acquisition programs designed to adapt to the obvious future. The centrality of AI technologies to the financial sector today is also forcing developers and business managers alike to re-think the way they refer to new developments in the industry. A decade ago, any consumer-facing application that dealt with finance was referred to as part of the "fintech landscape."