AI In Banking: Challenges, Solutions & Steps to Get Started Now
Data has always been the foundation of the banking industry. New technology gives banks the power to collect, store, and analyze exponentially more information than was imaginable not too long ago. In the wake of Fintech, banks already know that to succeed in today’s ecosystem, they must use this wealth data at a massive scale to continuously innovate.
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"As AI spreads through the enterprise, solutions will emerge that empower developers with the specialized skill sets and tooling required to take on more AI workload and solve key challenges. IT leaders must follow the trend of AI democratization to drive their teams to create AI solutions.” - Gartner Predicts 2019: The Democratization of AI, Magnus Revang et al.