Private Banking: New Trends or More Doom and Gloom?
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8. AI, or Who is the Smartest?
Private banks have spent considerable intellectual bandwidth arguing the case for artificial intelligence in finance – particularly as an elegant way or offering clients additional business and transactions. AI, however, requires a high level of digital savvy by banks, as well as the appropriate offering to appeal to clients. This year, AI will break through in many areas of banking.
