Hema Janakiraman ~Market Consultant’s Post

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Strategic Storyteller: Translating Complex Business Insights into Compelling Narratives | Bridging the Gap Between Data and Engagement

The future of Banking is set to be transformed with Generative AI. In the next decade, we may see Banking apps getting hyper-personalized to a great level. With a "Bank GPT" like interface, customers will be able to receive personalized financial advice. This will enable Banks to become intertwined with customer's life styles and provide recommendations on managing their loans, investments, and savings. AI can also assist banks in going global by providing them with advice on regional regulatory compliance. This will allow banks to generate localized versions of their global products and protect them from non-compliance risks. The possibilities are endless and AI can completely revolutionize the banking industry. By combining banking and non-banking financial services, both banks and customers can benefit from unique competitive advantages. Get ready for the future of banking! #AIinBanking #FutureOfBanking #BankingTransformation

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