Solutions featuring artificial intelligence (AI) have become a craze across multiple industries -- from music streaming services to fast food restaurants. But, the question remains, “How will it affect my industry and my company’s future?”
Within the financial services industry, the question is just as pressing because global economic growth has always been fueled by technological advancement — and today without question, game-changing accelerants are AI and machine learning. Several AI-enabled products have hit the market, affecting areas such as lending, anti-money laundering, fraud prevention and data privacy. And just like any other form of operational innovation, solutions come to areas where businesses face challenges.
Read more in Capco’s latest white paper, ‘AI: The Future of HMDA Reporting.’