What's the Future of Machine Learning in Banking?

Any financial institution should be able to update with the latest customer demands. Especially when it uses security and customer services. However, scalability and on demand customization are some challenges that need to be resolved. Particularly, small institutions are under high pressure to modernize their IT systems. Customers demand an excellent online experience, as everything is always changing the banking industry. Evolving with new technologies, the application of machine learning in banking is occurring at a faster pace.