Artificial Intelligence is taking the financial services industry by storm. Many companies in the financial technology sector has already started using AI to save time, reduce costs, and add value. Through the use of AI algorithms, financial service companies is able to generate insights, improve customer service, and make predictions about company performance.
The future of finance will be heavily influenced by emerging fintech companies and AI technology applications setting the stage for increasing competitiveness among the industry’s leading giants. In the next decade, Artificial Intelligence will help financial services companies maximize resources, decrease risk, and generate more revenue, in the trading, investing, banking, lending, and fintech verticals.
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