article ARTICLE
article1 min read

Artificial Intelligence

Artificial Intelligence is fast evolving and is very popular around the world, several companies especially banking has adopted the Artificial Intelligence method. Banking sectors are considered to be at the top leading sector adopting this method. The banking sectors are adopting this method to add more efficiency to the back office and for security.
Pros of Artificial Intelligence in Banking
The advantages of Artificial Intelligence in banking sectors are as follows

  • AI helps the banks in customer support
  • Enhancing the banking services.
  • Data Analyst
  • Examination in Scams.

Cos of Artificial Intelligence in Banking

  • It is highly expensive
  • It leads to Unemployment
  • Power Distribution

Many of the Banks and Organization opts the Artificial Intelligence to increase the revenue, reduce risks, scams, lower the cost and improvise the customer experience. Artificial Intelligence has a great impact especially of Banking Industry, many banks are actually shifting their system to Artificial Intelligence as the system is accurate and faster as compared to others. There are continuous improvement and innovations in Artificial Intelligence system which is helping the banking system efficiently.  The trend of AI is likely to grow in the upcoming years.

Groups

1
  •  Inspiring
  • comment_icon  Comment

Tushar 2 Sep, 2019

Nice article. But, don't limit it to short words. You can explain it in a better way.

Tushar 2 Sep, 2019

Nice article. But, don't limit it to short words. You can explain it in a better way.