Is AI the Answer to Creating Resilient Banks and Financial Institutions?
AI could enhance resilience in banks by improving compliance, minimizing downtime, and optimizing operations through predictive analytics and automation. Despite significant investment in AI, the financial sector sees low ROI, revealing a need for strategic alignment and refined implementation. Emphasizing a culture of continuous improvement and seamless integration while balancing automation with human oversight remains crucial for leveraging AI’s full potential in creating robust financial institutions.
