Automation in banking: 6 considerations for digital...
Automation and banking have been two peas in a technological pod since the 1934 introduction of the IBM ® 801 Bank Proof machine, a check sorting machine. Later innovations like the automated teller machine and the debit card continued the banking automation trend of digitizing analog processes. With the advent of the internet, machine learning, and cloud computing, there are still so many automation opportunities to explore. For instance, using AI for risk assessment, automating the classification of unstructured data, or reducing manual work can help you increase the agility of the overall organization, improve the customer experience, and get new features and products to market much more rapidly. We’re going to explore six concepts to keep in mind for...
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