GlobalData: Artificial intelligence to significantly impact retail banking

ARTIFICIAL INTELLIGENCE IS likely to significantly impact the retail-banking sector, such as assigning credit ratings to potential borrowers and interacting with consumers by offering basic personal finance advice, according to a recent report by data-specialist firm, GlobalData.
ARTIFICIAL INTELLIGENCE IS likely to significantly impact the retail-banking sector, such as assigning credit ratings to potential borrowers and interacting with consumers by offering basic personal finance advice, according to a recent report by data-specialist firm, GlobalData.
LONDON – GlobalData, a data-specialist firm, released a report showing artificial intelligence is likely to significantly impact the retail-banking sector. The company reported artificial intelligence, or AI, will also be used to assign credit ratings to potential borrowers, according to a press release. The specific technologies would include machine learning, predictive analytics and natural language…

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