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Last Updated : Apr 09, 2019 06:25 PM IST | Source:

Artificial Intelligence - The future of BFSI technology

With the next two years being critical for adoption of AI in the sector, the next decade will surely see AI playing a significant role in the BFSI sector.

Moneycontrol Contributor @moneycontrolcom

Over the last two decades, technology has been rapidly going digital. Starting with BI, now the movement is towards analytics and AI. Banking is regulated, so it is taking a little longer for AI to completely be adopted.

AI will be the biggest disruptor for the industry- internal operations, customer facing processes and even compliances will be lead down the path. Since compliances are still unclear on AI in the industry, it has been a bit slow. But all that is all set to change, says Bala Parthasarthy, CEO and co-founder of MoneyTap.

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First Published on Apr 9, 2019 06:22 pm
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