The financial world is increasingly driven by personalisation and experiences based around the customer. FinTech companies have excelled at doing this using interesting AI techniques, but banks, too, are catching up.
Financial companies are using AI to deal with regulations, to optimise insurance and credit applications and underwriting, and to manage cybersecurity issues.
AI is also being used to make financial services more inclusive and accessible and to boost financial health.
Some companies are using AI in their programs to support better decision making, calculate risks and forecast predictions.
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