The growing impact of artificial intelligence on financial institutions by finprep

ai · @finprep · Aug 29 '18

$119.95

The growing impact of artificial intelligence on financial institutions

Artificial Intelligence (AI) is the rage right now.  It is difficult to open any mainstream publication without seeing some type of article about this technology.  

Finance is an industry that is leading the charge in terms of implementation.  Being a numbers-based system, it lends itself well to the existing level of AI capabilities.  What is not so easy is the fact that many financial institutions are trying to implement these newer systems on 1980s computers.  This is causing a problem for many of the traditional financial institutions.

The change is occuring at a fast pace.  Are we looking at a situation where some of these long-time institutions are already passe?  Is there still time for them to catch up to the newer FinTech companies that are not having to deal with legacy architectures?

Click on image to read the full article.

[![parley.jpg](https://cdn.steemitimages.com/DQmed1bdZCzZ3L3oLqP2CC6EKUNU7C2xJZdtfYesWxSPjwN/parley.jpg)](http://www.theasianbanker.com/updates-and-articles/the-growing-impact-of-artificial-intelligence-on-financial-institutions)

👍 postpromoter, appreciator, smartsteem, rocky1, upme, therising, isteemd, upmewhale, jerrybanfield, emperorofnaps, zaku, estabond, oceanwhale, brupvoter, sureshot, brandonfrye, alfanso, inciter, jeck1, zer0hedge, mercurybot, pushup, taskmaster4450, a-bot, thebot, finprep, bpclan, whalepromobot, edensgarden, joeparys, spydo, whalecreator, ebargains, lovejuice, dailyupvotes, minnowvotes, clayrawlings, upyourpost, bid4joy, ecotrain, steembloggers, experiment, lost-ninja, minnowpond, mahsumakbas, andreasgrubhofer, bafi, tngflx, goldrooster, andrecarothers, voter000, andablackwidow, copyit, roswellrockman, ilovepoorpeople, blockchaindaily, unleashpower, cifer, narashi, blog-fictions, tzukhan, u25b2x, sammyb, jazzresin, and 146 others
👎 church-of-piglet

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@mukund83 · Aug 29 '18

Many financial institutions have already started implementing digitization and AI.... Data science is the buzz now a days

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@rishikeshlahane · Aug 29 '18 (edited)

Although Finance is an industry that is leading the charge in terms of implementation.
But the financial system of many  countries still Sceptical about the implementation of digitization and AI...and they must accept it as soon as possible

👍 rishikeshlahane

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@masscollective · Aug 29 '18

It's one of those times when you innovate or get left behind.

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@edensgarden · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t164200489z

Great post!
Thanks for tasting the eden!

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@spydo · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t180014074z

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@emperorofnaps · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t183158430z

You got a 10.63% upvote from @emperorofnaps courtesy of @steemium!

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👎 church-of-piglet

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@whalecreator · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t190528681z

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@brupvoter · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t191720491z

You got a 11.43% upvote from @brupvoter courtesy of @steemium!

👎 church-of-piglet

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@postpromoter · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t191925009z

You got a 10.46% upvote from @postpromoter courtesy of @steemium!

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@oceanwhale · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t192008692z

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👎 church-of-piglet

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@lost-ninja · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t193832370z

You have been defended with a 13.96% upvote!
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@bid4joy · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t194830723z

You got a 14.51% upvote from @bid4joy courtesy of @steemium!

👍 mys
👎 church-of-piglet

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@upme · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t195607715z

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👎 church-of-piglet

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@joeparys · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t195922013z

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👎 church-of-piglet

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@minnowvotes · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t200657844z

You got a 11.97% upvote from @minnowvotes courtesy of @steemium!

👎 church-of-piglet

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@minnowpond · Sep 1 '18

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👎 church-of-piglet

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@lovejuice · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t205243166z

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👎 church-of-piglet

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@whalepromobot · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t205547202z

You got a 50.00% upvote from @whalepromobot courtesy of @steemium!

👎 church-of-piglet

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@upmewhale · Sep 1 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180901t224609916z

You got a 10.71% upvote from @upmewhale courtesy of @steemium!

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@steembloggers · Sep 2 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180902t003131376z

You got a 15.38% upvote from @steembloggers courtesy of @steemium!

👎 church-of-piglet

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@ebargains · Sep 2 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180902t005300672z

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@dailyupvotes · Sep 2 '18

re-finprep-the-growing-impact-of-artificial-intelligence-on-financial-institutions-20180902t013322409z

You got a 10.84% upvote from @dailyupvotes courtesy of @steemium!

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