3 trends currently reinventing the financial industry

Finance and trade is one of the oldest skills that mankind has developed after shaping the most preliminary forms of community. Since then, finance has been undergoing developments and revolutions to match the evolution of the human society. As the next industrial revolution matures, many areas in banking and finance are being transformed. Here are […] [Read More]

Summary… * Machine-Made

Artificial IntelligenceThere’s virtually not a field that Artificial Intelligence hasn’t touched, and the financial industry is no exception.
BlockchainThe traditional model of financial transactions relies on trusted intermediaries to guarantee the integrity of monetary exchange, which is a slow and costly process.
This can result in lower costs, better technology, and better customer service.
It also enforces transparent and unbiased publication of information to enable consumers to evaluate the service quality of financial firms.
The future of bankingThese are some of the ways technology is redefining the financial industry.

Opinion… * Man-Made

Artificial Intelligence, #Blockchain and Open Banking are redefining the Financial Industry. #AI #OpenBanking #Trend

Source: The Next Web