AI and Automation: 10-point guide to its impact on KYC Process in Banks

The term Artificial Intelligence (AI) has been around for a while. A quick search on the web reveals that the field of modern AI was born in the year 1950, when Alan Turing published a paper on thinking machines. Here we are, almost seven decades later, still in the advent of this emerging technology. Over the last few years, Google CEO, Sundar Pitchai has been speaking about the increasing role of AI in software and it seems like this year might be the inflection point for the field. In May 2017, Pichai explained how at Google, it is an "AI-first" approach for several of its products.