AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks — here are the strategies the winners are using

[NEW REPORT] AI IN BANKING: Artificial intelligence could be a near $450B opportunity for banks — BIIntelligence identifies its most meaningful applications and the strategies winning players are using

We also discuss the winning AI strategies used by financial institutions so far, and provide recommendations for how banks can best approach an AI-enabled digital transformation.Capital One, Citi, HSBC, JPMorgan Chase, Personetics, Quantexa, and U.S. BankFront- and middle-office AI applications offer the greatest cost savings opportunity across banks.

AI is also being implemented by banks within middle-office functions to detect and prevent payments fraud and to improve processes for anti-money laundering and know-your-customer regulatory checks.

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