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2022 | OriginalPaper | Chapter

12. Banking AI as a Service

Author : Mohan Bhatia

Published in: Banking 4.0

Publisher: Springer Nature Singapore

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Abstract

AI helps to process a large volume of data, process unstructured data, simulate human-like communication both as voice and textual, automate decision making, and automate complete banking processes. The existing technology is constrained by extremely limited capabilities in processing large volumes of unstructured data and automating decision making beyond rule engines. Therefore, AI can help to complete the automation of a business process and build a machine interface for customers, partners, and employees.

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previous chapter Conversational Banking
next chapter Fintech: The Innovation Benchmark
Metadata
Title
Banking AI as a Service
Author
Mohan Bhatia
Copyright Year
2022
Publisher
Springer Nature Singapore
Book
Banking 4.0

Print ISBN: 978-981-16-6068-9

Electronic ISBN: 978-981-16-6069-6

Copyright Year: 2022

DOI
https://doi.org/10.1007/978-981-16-6069-6_12

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