AI/ML for Small and Midsize Banks Storyboard

Author(s): David Tomljenovic

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Small and midsize banks are under pressure to introduce AI into their banks. The potential cost efficiencies, combined with customer-facing engagement, require small and midsized banks to implement AI. This research is meant as an introduction to AI and provides potential applications for banks along with a summary of the internal and external benefits they could bring. It also addresses some of the essential challenges that banks must consider before implementing AI using our six-step AI implementation process.

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