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Banking on a Game-Changer: AI in Financial Services

Banks are bullish that artificial intelligence (AI) will help them achieve their business priorities, fuelling back-office efficiency gains, product innovation and new business models. Our recent survey with The Economist Intelligence Unit (The EIU) found technology decision-makers have a “clear strategy” for using AI to achieve their goals. But on which business areas are banks focusing their AI investments, what barriers to adoption remain and what is the role of explainable AI in the future of banking?

Prepare to Choose: 4 Factors Banks must assess before committing to a SaaS Provider

to drill down and assess the factors which make SaaS attractive from a business perspective in the long and short term. Banks must consider whether its core offering will enable business continuity, optimise business outcomes and help the bank reach its regulatory obligations. Above all else, SaaS providers must provide certainty that their solution will not hinder or threaten business functionality in any way.