Banks are looking to use artificial intelligence in almost every part of their business: Here's how it can boost profits

[anapodrimaj]

LONDON — Banks are getting excited about the potential of artificial intelligence in finance, with hopes that AI could both cut costs and boost revenues.

Artificial intelligence has advanced in recent years and financial services companies are now looking at its potential applications in both investment banking and retail banking. Advocates tout AIs potential in everything from bond markets to savings accounts.

http://uk.businessinsider.com/ai-in-fin ... es-2017-11