Robotics And AI: The Way Forward In Banking And Finance

Robotics And AI: The Way Forward In Banking And Finance

SUMMARY

This technology is proving to be the next Big Bang to the way banks operate

The adoption of robotics allows flexibility in managing the workload

The role played by robots is increasing and expected to gain more momentum in the coming years

 

While many financial institutions are talking about robotics and artificial intelligence, some have already implemented these technologies; some have made significant strides including impressive cost savings of up to 60 per cent in some areas.

Over the last two decades, the invasion of technology has changed the entire landscape and the way we perceive things around us. Banking has taken a paradigm shift in this technological revolution. While many new technologies are emerging, it is also bringing in a host of changes to the industry and generating newer forms of employment.

Note: The views and opinions expressed are solely those of the author and does not necessarily reflect the views held by Inc42, its creators or employees. Inc42 is not responsible for the accuracy of any of the information supplied by guest bloggers.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.