Dublin, March 10, 2023 (GLOBE NEWSWIRE) — The “Applications of Artificial Intelligence In Banking Q4 2022” report has been added to ResearchAndMarkets.com’s offering.
Artificial Intelligence has the potential to transform legacy processes into flexible, scalable, future-agnostic functions.
This report outlines the evolution of artificial intelligence and the many sub-technologies it comprises, before taking a deep dive into the current market landscape with key drivers, challenges, and benefits, while suggesting methods for mitigation of challenges. The report maps the present and future of artificial intelligence in banking through live cases and a complete vendor landscape, and emerging application areas, trends, and incoming regulation.
The Applications of Artificial Intelligence in Banking report is a thorough roadmap for stakeholders, supporting the development of individual approach strategies to achieving industry leadership.
Overview of AI market landscape, discussing evolution, related technologies, drivers of adoption, challenges, and benefits.
Gain insight into emerging application areas, future trends, and incoming regulation.
Deep dive into 10+ application areas across the front, middle, and back offices, including chatbots, cross-sell optimization, and fraud detection, supplemented by relevant case examples.
25+ use cases of AI applications in banks and 20+ profiles of vendors and their AI-based offerings.
Outlook on AI as a must have capability.
Understand the market landscape and key suppliers of Artificial Intelligence specialized in the banking sector
Gauge on the benefits of Artificial Intelligence across the front, back, and middle office functions
Key considerations for banks before deploying AI covering the design of algorithms, ownership of data, automation of processes, etc. have been showcased
Deep dive into the different types of AI deployment models such as On-Premises, AI as a Service, Managed AI, and Cognition
Industry-advised strategies and pitfalls to watch out for when deploying Artificial Intelligence
Who finds this report useful?
Financial Institutions – CIOs, CTOs, IT, and digital transformation teams rely on our research to make the right technology selection and investment decisions
Financial Technology companies – Founders, CXOs, product and strategy teams, use our research to stay competitively intelligent, keeping a close track of peer activity and trends globally
Consulting firms – Research leaders and client consulting teams find this report useful to gain insights, spot opportunities, and provide clients with fact-based metrics.
Institutional investors – Investment teams find this report useful whilst conducting thorough business and financial due diligence prior to making investment decisions
Key Topics Covered:
Section 1: AI in Banking | Market Landscape
The Evolution of AI
Drivers of Adoption
Need for Proactive Customer Service
Excessive Time to Resolution
Need for Consistency of Service Across Touchpoints
Challenges in Adoption
Culture and Talent
Proof of Concept
Mitigating Barriers to Adoption
Benefits of Adoption
Improved Customer Base
Predicting Future Trends
Cognitive Process Automation
Emerging Application Areas
Increased Use of Synthetic Datasets
The Rise of Ethical AI
Regulation of AI
Increased Application of AI for Risk Assessment
Key Government Regulations/Initiatives
United States of America
Section 2: AI in Banking
AI Across the Banking Value Chain
Key Application Areas
Front Office Applications
Middle Office Applications
Back Office Operations
Section 3: Use Cases
Royal Bank of Scotland | IBM
Royal Bank of Canada | Personetics
BNY Mellon | BluePrism
NatWest | Vocalink Analytics
BankMobile | Upstart
Leading Indian Bank | vPhrase
JP Morgan | Limeglass
OakNorth Bank | OakNorth
Royal Bank of Scotland | IBM
Banco Santander | Boost.ai
Barclays | Kount
ING Direct | Expert.ai
Barclays | Simudyne
NatWest | DreamQuark
Societe Generale | Nephelai
NatWest | IBM
Belfius | Sinch
BNP Paribas | Personetics
TSB Bank | IBM Watson
Banco Sabadell | Onfido
Clydesdale Bank | Inhouse Development
N26 | Rasa
Groupe BPCE | Prevision.io
Lloyds Banking Group | Inhouse Development
Section 4: Vendor Landscape
Section 5: Outlook
For more information about this report visit https://www.researchandmarkets.com/r/ina15g
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