This article was originally published on Grit Daily and is reproduced with permission. The financial crisis of 2007 – 2008 resulted in marked changes to the institutional financial sector landscape. Weaknesses were brought to light and financial institutions were forced to reevaluate how they were managing data and restructure as a result. Then 2020 brought with it a global pandemic, which further spurred the need for digital transformation. As the business of financial intermediation enters the post-internet era, shifts in the business models and strategies of large financial institutions continue to take place.

In the current technology world, there are two technologies that have influenced multiple enterprises and industries in an extraordinary way. And, these are: Artificial Intelligence and Machine Learning. Both the technologies are changing the way the enterprises do their business. Not only the businesses, these technologies are also putting a greater impact on the development world. The developers are leveraging the power of AI and ML and incorporating them into other technologies such as WordPress to make them more smarter. As per the reports, the WordPress powers up the 28.7% of the internet and is one of the most popular platforms for website development.