role of ai in banking

  • Exploring the Role of AI in Banking and Financial Services

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    Exploring the Role of AI in Banking and Financial Services

    1. Introduction: AI’s Growing Footprint in Banking The role of AI in banking has moved from being an experiment to becoming a core strategy. Today, more than 70% of banks are already investing in AI technologies for lending, compliance, fraud detection, and customer service. Financial institutions can’t afford to ignore AI anymore—it reduces costs, speeds