DUBLIN, March 10, 2023 (GLOBE NEWSWIRE) — The Applications of Artificial Intelligence In Banking Q4 2022 report has been added to the ResearchAndMarkets.com offering.
Artificial intelligence has the potential to transform legacy processes into flexible, scalable, future-agnostic functions.
This report outlines the evolution of Artificial Intelligence and the many sub-technologies it encompasses before taking an in-depth look at the current market landscape with key drivers, challenges, and benefits, and suggesting methods to mitigate these challenges. The report maps the present and future of artificial intelligence in banking through live cases and a complete vendor landscape, as well as emerging use cases, trends and emerging regulations.
The Artificial Intelligence Applications in Banking report is a comprehensive roadmap for stakeholders to help develop individual approach strategies to achieve industry leadership.
Overview of the AI market landscape, discussing the evolution, related technologies, drivers of adoption, challenges and benefits. Gain insights into emerging use cases, future trends and new office regulations including chatbots, cross-selling optimization and fraud detection, complemented by relevant case studies. 25+ use cases of AI applications in banks and 20+ profiles of vendors and their AI-based offerings. Looking ahead to AI as a must-have skill.
Understand the market landscape and the main Artificial Intelligence vendors specialized in the banking sector. Assess the benefits of artificial intelligence in front, back and middle office functions. Key considerations for banks before adopting AI, covering algorithm design, data ownership, process automation, etc. were presented. Dive deep into the different types of AI deployment models such as:
Who finds this report useful?
Financial institutions – CIOs, CTOs, IT and digital transformation teams rely on our research to make the right technology choices and investment decisions. Financial Technology companies – Founders, CXOs, product and strategy teams use our research to stay competitive and stay on top of peer activity and trends worldwide Consulting Firms – Research executives and client advisory teams find this report useful to gain insights, identify opportunities and provide clients with fact-based metrics due diligence before investment decisions
Main topics covered:
Section 1: AI in Banking | market landscape
The Evolution of AIKey TechnologiesDrivers of AdoptionNeed for Proactive Customer ServiceExcessive Time to ResolutionNeed for Consistency of Service Across Touch PointsChallenges in AdoptionCulture and TalentInfrastructureCostProof of ConceptReducing Barriers to AdoptionInternal GovernanceStepped TransformationBenefits of AdoptionImproved Customer BasePredicting Future TrendsCognitive Process AutomationNew Application AreasAIOpsSelf-driving FinanceFuture TrendsIncreased Use of Synthetic DatasetsQuantum AIRegulation of AIIncreased Use of AI for Risk AssessmentKey Government Regulations/InitiativesEuropeUnited KingdomUnited States of America
Section 2: AI in Banking
AI across the banking value chainKey Application AreasFront Office ApplicationsMiddle Office ApplicationsBack Office OperationsInsurance
Section 3: Use Cases
Royal Bank of Scotland | IBM Royal Bank of Canada | PersoneticsJP MorganBNY Mellon | BluePrismNatWest | Vocalink AnalyticsBankMobile | Upstart Leading Indian Bank | vPhraseJP Morgan | Lime glass oak north shore | Oak NorthRoyal Bank of Scotland | IBMHSBC Banco Santander | Boost.aiBarclays | KountUBSING Direct | Expert.aiBarclays | SimudyneCaixaBankNatWest | DreamQuarkSociete Generale | NephelaiNatWest | IBMBelfius | SinchBNP Paribas | PersoneticsTSB Bank | IBM Watson Banco Sabadell | OnfidoClydesdale Bank | In-house developmentN26 | RasaGroupe BPCE | Prevision.ioLloyds Banking Group | in-house development
Section 4: Vendor Landscape
IBM WatsonTata Consulting ServicesInfosysPersoneticsKasistoAyasdiIntellect Design ArenaFeedzaiCognitiveScaleActive.AiLogical GlueOakNorth Analytical IntelligenceDataVisorSocureZest AITrueAccordSUPLARICApital FloatDataRobotAlphaSenseAlpacaJapan Co., LtdCuelebreSpire Technologies
Section 5: Outlook
Active.AiAlpacaJapan Co., LtdAlphaSenseAyasdiBanco SabadellBanco SantanderBankMobileBarclaysBelfiusBluePrismBNP ParibasBNY MellonBoost.aiCaixaBankCapital FloatClydesdale BankCognitiveScaleCuelebreDataRobotDataVisorDreamQuarkExpert.aiFeedzaiGroupe BPCEHSBCIBMIBM WatsonInfosysING DirectInhouse DevelopmentIntellect Design ArenaJP MorganKasistoKountLeading Indian BankLimeglassLloyds Banking GroupLogical GlueN26NatWestNephelaiOakNorthOakNorth Analytical IntelligenceOakNorth BankOnfidoPersoneticsPrevision.ioRasaRoyal Bank of CanadaRoyal Bank of ScotlandSimudyneSinchSociete GeneraleSocureSpire TechnologiesSUPLARITata Consultancy ServicesTrueAccordTSB BankUBSUpstartVocalink AnalyticsvPhraseZest AI
For more information about this report, visit https://www.researchandmarkets.com/r/ina15g
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