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Why do AI projects in finance fail to deliver ROI? Despite the billions poured into artificial intelligence, nearly 40% of financial services CIOs admit their AI initiatives failed to achieve positive ROI in the last year. Why is this happening? It’s not about the technology itself—it’s about strategy. Success hinges on aligning AI with business goals, leveraging high-quality data, and focusing on the right use cases.
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Top 5 Factors That Drive AI ROI Success in Financial Institution
Why do AI projects in finance fail to deliver ROI? Despite the billions poured into artificial intelligence, nearly 40% of financial services CIOs admit their AI initiatives failed to achieve positive ROI in the last year. Why is this happening? It’s not about the technology itself—it’s about strategy. Success hinges on aligning AI with business goals, leveraging high-quality data, and focusing on the right use cases.
How to Build a Fully Digital Mortgage Process – And Why It Works
Digital mortgages aren’t just the future—they’re the now. Learn how banks can create a fully digital, customer-friendly mortgage process that reduces processing time, improves satisfaction, and boosts profitability. From vision to execution, here’s your roadmap to transformation.
Human-in-the-Loop: A Smarter, More Human-Centric Approach to AI in Banking
Artificial intelligence is no longer knocking on the door of the financial sector—it has already moved in and is rearranging the furniture. The financial sector is undergoing another transformation due to digitalization, and its effects are being felt on multiple levels—from process automation to the implementation of advanced artificial intelligence (AI)-based solutions.
The Future of Business Banking: 10 Must-Have Digital Features for SMEs
For years, small and medium-sized enterprises (SMEs) have been the backbone of the global economy, accounting for the lion’s share of business activity and job creation. Yet, when it comes to banking, these crucial players have often found themselves navigating a world designed for either large corporations or individual consumers—neither of which perfectly fit their needs.
Six ways for banks to better serve small-business clients
Small businesses, big potential — and even bigger frustration with banking. Small and medium-sized enterprises (SMEs) are the lifeblood of the European economy: they represent 99% of all EU businesses, provide two-thirds of jobs, and contribute 57% of the EU’s gross value added. Despite this economic muscle, many SMEs feel underserved by traditional banking systems.
How can banks effectively digitize SME customer service? Practical insights from ING implementation
Digital transformation in banking is not just about implementing new tools—it’s about redefining the customer service approach. The SME segment, which includes businesses with diverse needs, requires flexible solutions and modern communication methods.
How Virtual Branches Are Supporting Remote and Rural Banking
Virtual branches and remote banking are an inseparable pair and the inevitable future. The former brings measurable benefits to the latter in the form of improved productivity, accessibility, service quality, and many more. In this article, we look into the relationship between virtual branches, remote banking, and rural banking. How can their fusion empower your business? Find it out!
