It’s difficult to fathom that not too long ago, consumers had to go to an ATM or visit a local bank to deposit checks. Today, to complete a deposit, it just requires logging into a mobile banking application (app) on a smartphone.It’s no surprise that today’s financial management is increasingly becoming a digital experience. Foryears, financial services have stayed ahead of the curve owing to the early adopters of online banking apps and financial planning tools. This change hasbeen aided by artificial intelligence (AI), and the pandemic has only sped up the adoption of modern technologies.
As the job market upended, regulations shifted,and customers became more reliant on governmentassistance than ever before, the sector turned toartificial intelligence to meet increased demand.
Artificial intelligence or automatedis widely used in financial services for a variety ofpurposes, including loan application evaluation,recruitment, and fraud detection. Whether it’s AI,the internet of things (IoT), or digital reality, theglobal rate of technical developments is directlyrelated to the global AI in banking market growth.
Choosing a suitable artificial intelligence solutionprovider is paramount; and there are a variety ofsuch companies that cater to the different needsof the market. To help industry leaders choosethe right consulting solution providertheir requirements, Banking CIO Outlook hascompiled a list of the Top 10 Artificial IntelligenceSolution Providers. The enlisted companies are theforerunners in the market, providing a wide spanof features. Besides, the magazine also comprisesinsights from thought leaders in the sector on theindustry trends and challenges, recent innovations,and best practices.
We present to you Banking CIO Outlook’s “Top 10 Artificial Intelligence Solutions Providers – 2022.”