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AI-Bank - Coggle Diagram
AI-Bank
AI in digital banking
used a lot
possible
storing and processing data
has become cheaper
to access
connect
internet
to automate tasks
to make decisions
accurately
than humans in some cases.
estimated
create
by using AI
an extra $1 trillion
in a time
Evolution of Banking Technology
to change
ATMs in the 1960s
cards for payments in the '70
introduced
online banking in the 2000s
mobile banking in the 2010s
started using
Importance of AI in Banking
Central role of AI in modern banking.
Need for banks to adopt AI technologies.
common
Artificial intelligence
is becoming
need to use
Overall
make more profits
offer personalized services
provide experiences across different channels
trends
COVID-19 pandemic
AI technologies
robotic process automation
virtual assistants
machine learning
for detecting fraud and managing risks