AI in banking – robo advisors and beyond

Technology has changed the very psychology of money and the way we perceive it and artificial intelligence promises to further the ease of doing business for economies across the globe. The great recession left people unsure and with a lower level of trust in banks. The need for secure systems and solid investment plans however, continues to be as great as ever and technology solutions are needed. Technology-backed advisors have now come into the picture and are expected to manage$2 trillion in Assets by 2020. The arrival of Robo-advisors. The market is ripe for disruption and FinTech firms are set to take the lead in this change to cater to the changing customer preferences Read more: finextra.com