In recent years, artificial intelligence has been able to add many services to the banking system. For example, intelligent analytics have been able to help banks process loan applications faster so that loan applicants can get the money they need more easily and quickly, and the bank will have no problem repaying loans to customers in the future.
Frauds are minimized, and AI can easily detect suspicious transactions and prevent problems as much as possible. Most banking websites today use intelligent virtual assistants to improve their services. Without going to the bank, the customers can solve many of their problems with intelligent software robots and find their questions.
This chapter of the book studies the applied intelligent technologies in banking and introduces the new and smart possibilities of the future in this industry.
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Soofastaei-Publications (SP) is a newly founded global publisher that produces specialized and high-quality books and e-books and holds world-class conferences and webinars.
This organization is a part of Soofastaei Institute, which provides technical business solutions, publications, and educational services in the field of advanced analytics and AI in various industries.