AI-Based Banking Loan Software Will Become Norm In 2022
Smart Data Collective
NOVEMBER 3, 2021
However, the market for AI in banking is expected to grow over 30% a year and will be worth over $64 billion by 2030. It refers to underwriting, customer onboarding, document management, analysis, and statistics. Banks have been slower to adapt AI technology than some other institutions. New software uses AI to manage bank loans.
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