What are the future technologies shaping the banking industry?
An example of an AI chatbot conversation about future technologies in banking.
What are the future technologies shaping the banking industry?
The banking industry is evolving with technologies like AI, blockchain, and biometric security. Would you like to know more about any specific technology?
Tell me more about how AI is being used in banking.
AI is used for fraud detection, customer service chatbots, and personalized financial advice. It enhances efficiency and customer experience.
What role does blockchain play in banking?
Blockchain provides secure, transparent transactions and can streamline processes like cross-border payments and smart contracts.
Are there any risks associated with these technologies?
Yes, risks include cybersecurity threats, regulatory challenges, and the need for significant investment in technology.
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