Synechron - The robotification of banking

Once the stuff of sci-fi movies and books, artificial intelligence (AI) is quickly becoming a reality. One thing is quite clear: AI has transformative potential for most if not all industries, including banking. A recent survey conducted by Synechron and TABB Group found that over 71 percent of companies believe that AI will be a hugely important technology in financial services over the next 10 years. The same survey found that 30 percent of companies already have deployments in AI. According to Gartner, by 2018, 40 percent of outsourced services will leverage smart machine technology.