Impact of artificial intelligence on financial services

Artificial Intelligence (AI) – and its growing impact on and applicability for individuals and businesses alike – is one of today’s most widely discussed topics.

In 2018, the number of consumers using virtual assistants worldwide were expected to exceed one billion. Additionally, a 2018 survey by Accenture projected that 37% of U.S. consumers will own a digital voice assistant (DVA) device by the end of 2018.

The future role of Artificial Intelligence in banking is clear – no bank or financial institution will be able to survive without any technological improvements – and on top of the list is AI, machine learning and robotics.

With support and information for end-users increasingly coming by way of smartbots and digital/virtual assistants, the future role of Artificial Intelligence in the banking sector is becoming progressively more and more a cornerstone to effective daily operations.

Bearing in mind that financial service providers need a high-level understanding of the goals for their organisation when it comes to the implementation and management of AI – including customer-service automation, personalization, improved security, process optimization and pattern recognition – Trade Conferences International has assembled a top-class panel of industry experts to discuss the impact of the digital millennium for financial service providers at the upcoming AI in Financial Services Conference 2019.

The aim of this event is to provide food for thought and inspiration for digital entrepreneurs attracted to the fintech space. If that’s you, what better opportunity to join your industry-peers at the Indaba Hotel, Fourways, Johannesburg, on 29 & 30 May 2019 for thought-provoking discussions centred around data integration, innovations in technology, compliance and regulation in the AI space, and so much more!

The fintech revolution is still in its infancy, but alongside AI, it has already had a substantial impact on the way traditional banks do business. The Artificial Intelligence in Financial Services Conference sets the perfect platform for participants in the financial industry to network, gain deeper insights, answer burning questions, and have a clearer view of opportunities presented for fintech innovators.

This conference organised by Trade Conferences International’s follows hot on the heels of such recent signature events as the Anti-Money Laundering & Financial Crime Conference, the Cross Border Remittances and Money Transfers Conference and our annual Debt Collection Conference.

To find out more about the conference and registration procedures contact Jason Joseph on jason@tci-sa.co.za; or 011 803-0009

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