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AI and the Future of Banking (Hardcover)
Loot Price: R2,024
Discovery Miles 20 240
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AI and the Future of Banking (Hardcover)
Expected to ship within 12 - 17 working days
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An industry-specific guide to the applications of Advanced
Analytics and AI to the banking industry Artificial Intelligence
(AI) technologies help organisations to get smarter and more
effective over time - ultimately responding to, learning from and
interacting with human voices. It is predicted that by 2025, half
of all businesses will be using these intelligent, self-learning
systems. Across its entire breadth and depth, the banking industry
is at the forefront of investigating Advanced Analytics and AI
technology for use in a broad range of applications, such as
customer analytics and providing wealth advice for clients. AI and
the Future of Banking provides new and established banking industry
professionals with the essential information on the implications of
data and analytics on their roles, responsibilities and personal
career development. Unlike existing books on the subject which tend
to be overly technical and complex, this accessible,
reader-friendly guide is designed to be easily understood by any
banking professional with limited or no IT background. Chapters
focus on practical guidance on the use of analytics to improve
operational effectiveness, customer retention and finance and risk
management. Theory and published case studies are clearly
explained, whilst considerations such as operating costs,
regulation and market saturation are discussed in real-world
context. Written by a recognised expert in AI and Advanced
Analytics, this book: Explores the numerous applications for
Advanced Analytics and AI in various areas of banking and finance
Offers advice on the most effective ways to integrate AI into
existing bank ecosystems Suggests alternative and complementary
visions for the future of banking, addressing issues like branch
transformation, new models of universal banking and 'debranding'
Explains the concept of 'Open Banking, ' which securely shares
information without needing to reveal passwords Addresses the
development of leadership relative to AI adoption in the banking
industry AI and the Future of Banking is an informative and
up-to-date resource for bank executives and managers, new entrants
to the banking industry, financial technology and financial
services practitioners and students in postgraduate finance and
banking courses.
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