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How new Technologies will drive global banking?

Updated On : June 2020

Covid-19 pandemic has accelerated the digitization of banks, which already are facing competition from Big tech, Payment and e-commerce companies. It is believed that emerging technologies like Artificial Intelligence (AI) , Machine Learning (ML) will continue to have a great impact on the global banking sector in the next five years. Banks would also need to focus on improving user experience through greater personalization using AI.

In the post Covid-19 world, the need for modern banking technology will be greater than ever.

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