5 Steps To Prepare Your Bank For AI

Artificial intelligence is coming to banking. Here are five steps that can help you plan a strong AI strategy for your bank or credit union. Artificial intelligence (AI) might sound like something out of a science fiction novel, but it's becoming a reality faster than you might think. Owing to recent advancements in big data, computational hardware, and machine learning, artificial intelligence is becoming increasingly powerful and useful by the day. Andrew Ng, founder of the Google Brain project, describes artificial intelligence as the " new electricity."