8 ways Europe’s banks can boost growth, security and customer satisfaction
How banks are shaping the future with AI and Open Banking
The rapid evolution of Artificial Intelligence is opening up entirely new opportunities for banks – from highly precise risk models to hyper-personalised customer experiences. To fully unlock this potential, however, the right strategic direction and robust technical foundations are essential. In the following, we outline 8 best practices showing how European banks can successfully combine AI and Open Banking – to drive growth, reduce risks, and sustainably enhance the user experience (UX).
AI as a game changer in the context of Open Banking
In our article, you will find insights and tips on topics such as:
- Increasing efficiency in back-office processes
- Optimised fraud detection
- Automated compliance and RegTech solutions
- Real-time decision-making in credit and risk management