AI & ROBOTICS IN BANKING

AI & ROBOTICS IN BANKING

A new frontier for retail banking

It might appear that Artificial Intelligence and robotic technologies arrived into the banking world with a spectacular splash in 2017. But it is more accurate to say that technologies 70 years in development are finally maturing. Since the 1950s, billions of dollars and man-hours have been invested in the development of artificial intelligence, with Silicon Valley as the fountainhead. Now other countries including China, the UK, the UAE and Canada are positioning themselves as leaders in the development of artificial intelligence for a range of applications, in some cases with strong government support.