How AI Will Change Banking

American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives widely believe it can help to make banking more efficient and help to improve worker productivity; while there is a lot of potential with AI, workers are not yet schooled in working with the technology and many fear their jobs can be replaced; jobs like tellers and back office jobs, including compliance and loan officers, are most at risk of being replaced; AI tools can be very powerful for end users in helping to map out spending forecasts and communicate via chatbot for simple tasks like account balances. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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