Purposeful AI

Five Ways in Which AI Is Changing Banking As We Know It

Published on Feb 16, 2017

As traditional banks grapple with the challenges posed by FinTechs, legacy constraints and traditional operational models, artificial intelligence (AI) is emerging as the savior. In a recent survey that Infosys commissioned on AI adoption across industries, 23% of the nearly 250 respondents, in the financial services sector, confirmed that AI technologies have been fully deployed in their organizations, and these are also delivering up to expectations; 47% of the respondents view AI as being fundamental to the success of the organization's strategy. Meet Locksher Lomes and Dr. Watts in this podcast for a gripping perspective on the topic.