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How business intelligence is revolutionising banking

In the early 1990’s, the increasing popularity of automated teller machines (ATM’s) revolutionised banking, lowering the number of tellers required for each branch and allowing thousands of new branches to be opened as a result.

Now, the banking industry is on the cusp of another technological revolution: big data and artificial intelligence are about to enhance nearly every aspect of banking, from improving the effectiveness of various marketing channels to helping consumers make more intelligent decisions about their spending and investments, preventing cybercrime, and more.

Source: bobsguide.com
Author: Ilan Hertz

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