Artificial Intelligence

Banks struggle with empathy, privacy issues with voice banking

  • Many of the challenges to voice banking mirror existing issues with the move to digital.
  • Banks generally aren't sold on the technology for voice-enabled AI solutions, talking about money publicly still remains taboo and security is a never-ending challenge.
close

Email a Friend

Banks struggle with empathy, privacy issues with voice banking

 


subscription wall for TS Pro

0 comments on “Banks struggle with empathy, privacy issues with voice banking”

Outlier OpinionsMakers

Artificial Intelligence, Banking, Culture and Talent

Small bank, big moves: How a Maine-based bank is bringing over a thousand employees on its AI journey

  • Bangor Savings Bank is building employee skills in AI and data fluency, creating a workforce ready for the AI era and countering fears of job displacement.
  • The bank is using social learning, and role-based training to upskill its employees, as well as build a better foundation for its future initiatives.
Rabab Ahsan | November 05, 2024
Artificial Intelligence, Innovation

Generative AI in Finance: A Team Member or a Tool?

  • Generative AI is transforming industries like finance by streamlining data analysis, boosting creativity, and accelerating professional learning.
  • To harness AI's power effectively, financial institutions should establish clear guidelines and training to mitigate the risks of over-reliance on this technology and improve its reliability.
Sarah Hoffman | October 04, 2024
Artificial Intelligence, Path to growth, The Quarterly Review

The Quarterly Review: Current’s CTO Trevor Marshall’s working on building better models and shooting for step function improvements

  • CTO of Current Trevor Marshall dives into his focus on optimization and building better tools for his teams.
  • We also get a novel look at what success means to a neobank's CTO and summarily, 1% to 5% improvements aren't enough.
Rabab Ahsan | September 17, 2024
Artificial Intelligence

How DBS Bank uses a human-AI synergy approach to enhance customer experiences and improve efficiencies

  • Nimish Panchmatia, Chief Data & Transformation Officer at DBS Bank, shares insights into the bank's strategic AI implementation.
  • He discusses how DBS balances innovation with responsibility, enhancing customer experiences while focusing on ethics and risk management.
Zachary Miller | July 25, 2024
Artificial Intelligence, Keeping the bad guys out

AI in Action: How financial institutions are enhancing compliance with intelligent automation

  • AI is impacting financial compliance, offering fresh tools for efficiency, accuracy, and fraud detection.
  • Discover practical strategies for integrating AI into compliance workflows, from accelerating customer due diligence to enhancing suspicious activity reporting.
Zachary Miller | July 23, 2024
More Articles