Artificial Intelligence (AI) is fast evolving technology among Banking and Fintech companies. There are various AI technologies available in the industry such as Natural Language Processing (NLP), Machine Learning (ML), Deep Learning, Chatbots (virtual
Agents), Robotic Process Automation (RPA) and Predictive analysis.
AI can help bank to address complex problems in area of analytics, fraud detection, customer service, Process automation, auditing, as financial data are large intensive in nature. We have depicted the various area in banking domain where AI can be extensively
used.