Applying Artificial Intellect in Bank of the Future Operating Activities
Banks as information systems were meant to be at the forefront of digital technologies introduction. Opportunities provided by artificial intellect have reshaped the interaction with customers, including a higher degree of banking products individualization. Along with that, digital technologies and robot software introduction contributed to cost cuts on routine operations. Ultimately, banks will be able to evolve into completely virtual institutions located in cyberspace, but this trend has only begun to take shape yet.