In which areas in banking is machine learning used?

[Gior]

In which areas in banking is machine learning used?

[assapr]

Currently, both banking and finance are taking best possible advantage of AI and machine learning. Find out more in the article machine learning in banking https://fayrix.com/blog/machine-learning-in-banking . I will mention just a few categories: Marketing and Support. With the ability to analyze past behavior to optimize the present future campaign, machine learning is an influential tech for marketers. Algorithmic Trading. AI allows the analysis of varying complicated market factors at the same time. Risk Management. While providing a loan to any client banks go through a process of risk assessment to estimate the creditworthiness of a prospect.

[vickyi]

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