how Artificial intelligence is widely used in Banking and finance as points 3 marks
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Artificial Intelligence in Banking Sector
The main aim of having Artificial Intelligence in the banking industry is to get insight into the customers preferences, to ensure that the customers are happy with the services provided by the banks and help the customers understand their expectations from the banks.
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artificial intelligence is the future of banking as it brings the power of advanced data analytics to compact fraudulent transaction and improve compliance.Al algorithm accomplishes anti money laundering activities in few seconds, which otherwise takes hours and days.
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