AI’s Potential for Disruption in Banking and Financial Services

Posted September 11, 2018 in Data Analytics & Digital Technologies

Banking and financial services companies were among the first to apply artificial intelligence (AI) in strategic applications. Initially, this took place in the mid- to late 1980s in the form of expert and knowledge-based systems for credit and loan approval and mortgage processing, and so on, and then in the early to mid-1990s, when neural network-based applications for credit and bank card fraud detection, and profitability management, began to be deployed.

About The Author
Curt Hall
Curt Hall is a Senior Consultant with Cutter Consortium’s Data Analytics & Digital Technologies and Business & Enterprise Architecture practices. He has extensive experience as an IT analyst covering technology trends, application development trends, markets, software, and services. Mr. Hall's expertise includes artificial intelligence (AI), cognitive systems, machine learning, conversational computing, and advanced analytics. He also… Read More
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