How AI will change banking
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
In this weekend's edition of Bank Vault, we're looking at AI and what it means for the business of banking.
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'More impactful than the internet': How AI will reshape banking jobs. With the growing interest in generative AI, it seems inevitable that some banking jobs will change while others will be eliminated entirely.
How AI is affecting neobank careers: Challenger banks, like traditional banks, are under pressure to operate with fewer expenses. Artificial intelligence is part of the answer, and the impact on the workforce may be profound.
AI's potential to simplify investment banking: Generative artificial intelligence could streamline numerous operations across the financial services landscape, from building investor presentations to processing regulatory and legal documents.
Call summaries, co-pilots, cores: Use cases for generative AI. Michael Abbott , global banking lead at 埃森哲 , shared where he sees banks using the technology most effectively in the year ahead.
Read more about AI's effect on banking in BankThink:
Which women are moving the fintech industry forward through their leadership, ideas and advocacy? American Banker is?accepting applications for our second-annual Most Influential Women in Fintech awards . Fintech founders, VCs, consultants, attorneys and other women of influence are welcome to apply. Award recipients will be honored at the?Digital Banking Conference , June 24-25 in Boca Raton, Florida.
Hello Bank Vault team! ???? It's incredible how AI is reshaping industries, including banking. As Alan Turing once said, "We can only see a short distance ahead, but we can see plenty there that needs to be done." Let's harness AI to create even more value! Also, speaking of creating value, Treegens is proud to be part of an upcoming sponsorship opportunity for the Guinness World Record of Tree Planting. It's a wonderful way to invest in our planet's future: https://bit.ly/TreeGuinnessWorldRecord ???
We see this as not an if, but when, situation. The higher risk the industry, the more automation required for compliance.
LinkedIn Lead Generation Specialist | Virtual Assistant | Lead Generation | Appointment Setter | Business Development
9 个月Sounds like a game-changer! That could free up bankers' time for personalized client interactions.?#winwin
Credit Risk Analyst at Mastercard
9 个月The AI tools, such as ChatGPT, kickstarted data analysis, automation, and so forth in lower-level positions within the banking industry. That's a significant advancement.
Director of Sales
9 个月Great Article. Exciting times in the Banking space.