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The Cogntive Bank

The Cogntive Bank

IBM
Published by: Research Desk Released: May 27, 2019

Today the banking industry faces a rebirth by necessity. As the digital age morphs into the cognitive era, success depends on radical transformation that enables the integration of advanced analytics, artificial intelligence, machine learning, robotics, blockchains and more. For 64 percent of those surveyed in 2016, their organization’s efficiency remained the same or declined over the last three years. Tapping huge quantities of dormant, bank-owned data, much of it unstructured, is essential to offering the individualized engagement that customers demand, transforming operations and benefitting from fintech innovation. How can you take advantage of these technologies to build a cognitive bank?