Fintech
The Industry
Finance and banking sectors play a crucial role in the global economy and are prime candidates for an AI revolution. McKinsey estimates that AI technologies could potentially generate up to $1 trillion in additional value annually for the global banking industry. This encompasses various AI solutions, including traditional applications such as data analytics and digital banking, as well as advanced solutions like automated loan approval, risk assessment, and customer service chatbots. To unlock the immense potential of AI, the finance and banking sectors need to embrace an ‘AI-first’ approach.
