Is AI the Solution for the Banking Sector? (Part 2: Solution)
Tom Spencer
JUNE 16, 2018
Taking Uber as an example, the company first identified expensive taxi/limo fares (problem) and aimed to use a GPS enabled smart phone app to connect drivers with riders more efficiently (solution). While many banks have introduced new technologies, they have done so partly to increase efficiencies, reduce headcount, and save costs.
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