Top 5 Benefits of AI in Banking and Finance

Artificial Intelligence (AI) has come a long way since 2016, when AlphaGO, a computer program, first defeated an 18-time world champion at the game of GO. Artificial intelligence is profoundly increasing value across a range of industries. The banking and finance industry is no exception. There is a transformative impact to fully adopting AI in banking and finance. According to a study by Mckinsey, AI can add up to $1 Trillion of additional value to the global banking industry annually.