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AI and the future of banking

[NT 42944] Record Type:	[NT 1579] Language materials, printed : [NT 40817] monographic
[NT 47261] Author:	BoobierTony, 1956-
[NT 47356] Secondary Intellectual Responsibility:	Ohio Library and Information Network.
[NT 47351] Place of Publication:	Chichester, West Sussex, United Kingdom
[NT 47263] Published:	John Wiley & Sons Ltd;
[NT 47352] Year of Publication:	2020
[NT 47264] Description:	(xx, 283 p.)ill. :
[NT 47298] Series:	Wiley finance series
[NT 47266] Subject:	Artificial intelligence - Industrial applications. -
[NT 47266] Subject:	Banks and banking - Technological innovations. -
[NT 51458] Online resource:	https://rave.ohiolink.edu/ebooks/ebc2/9781119596165Connect to resource
[NT 51458] Online resource:	http://proxy.ohiolink.edu:9099/login?url=https://onlinelibrary.wiley.com/doi/book/10.1002/9781119596165
[NT 51458] Online resource:	https://onlinelibrary.wiley.com/doi/book/10.1002/9781119596165
[NT 51398] Summary:	"AI and the Future of Banking is an informative guide on the applications of Cognitive Analytics/Artificial Intelligence (AI) to the banking industry. The book will equip any industry participant, including new entrants to the industry, with the essential information to understand the implications of data and analytics on their roles, responsibilities and personal career development, with focus on the use of analytics to create operational effectiveness, customer retention and finance and risk management. While a combination of theory and published case studies, it will not be a technical book (i.e. about IT architecture, platforms and algorithms) or a detailed review of a specific working area but rather an easy read for those with limited or no IT background. The book will also discuss the concept of data-driven 'Open Banking,' which is a process that uses 'APIs' to share information securely, without having to reveal passwords. IDC say that by 2020, 50% of all businesses will be using cognitive analytics, which are intelligent and self-learning systems that respond to human voices rather than needing to be 'coded'. The use of Cognitive Analytics/Artificial Intelligence (AI) Systems and data in banking is set to accelerate. The cognitive or a 'AI' computing market is estimated to exceed 12.0 billion dollars by 2022, with banking identified as an 'early-mover' industry. Gartner say that AI will be mainstream for banking in 5-10 years. There is already evidence that early-mover banks are beginning to investigate these new technologies. However, there are many laggards and market maturity is inconsistent, with knowledge transfer being critical at this stage"--Provided by publisher
[NT 50961] ISBN:	1119596130
[NT 50961] ISBN:	1119596149
[NT 50961] ISBN:	1119596165
[NT 50961] ISBN:	9781119596134
[NT 50961] ISBN:	9781119596141
[NT 50961] ISBN:	9781119596165

AI and the future of banking
Boobier, Tony

AI and the future of banking / Tony Boobier - Chichester, West Sussex, United Kingdom : John Wiley & Sons Ltd, 2020. - (xx, 283 p.) ; ill.. - (Wiley finance series).
Includes bibliographical references and index.
ISBN 1119596130ISBN 1119596149ISBN 1119596165ISBN 9781119596134ISBN 9781119596141ISBN 9781119596165
Artificial intelligenceBanks and banking -- Industrial applications. -- Technological innovations.

AI and the future of banking
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010 1 $a 1119596165
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010 1 $a 9781119596141
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200 1 $a AI and the future of banking $f Tony Boobier
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215 1 $a (xx, 283 p.) $c ill.
225 2 $a Wiley finance series
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320 $a Includes bibliographical references and index
330 $a "AI and the Future of Banking is an informative guide on the applications of Cognitive Analytics/Artificial Intelligence (AI) to the banking industry. The book will equip any industry participant, including new entrants to the industry, with the essential information to understand the implications of data and analytics on their roles, responsibilities and personal career development, with focus on the use of analytics to create operational effectiveness, customer retention and finance and risk management. While a combination of theory and published case studies, it will not be a technical book (i.e. about IT architecture, platforms and algorithms) or a detailed review of a specific working area but rather an easy read for those with limited or no IT background. The book will also discuss the concept of data-driven 'Open Banking,' which is a process that uses 'APIs' to share information securely, without having to reveal passwords. IDC say that by 2020, 50% of all businesses will be using cognitive analytics, which are intelligent and self-learning systems that respond to human voices rather than needing to be 'coded'. The use of Cognitive Analytics/Artificial Intelligence (AI) Systems and data in banking is set to accelerate. The cognitive or a 'AI' computing market is estimated to exceed 12.0 billion dollars by 2022, with banking identified as an 'early-mover' industry. Gartner say that AI will be mainstream for banking in 5-10 years. There is already evidence that early-mover banks are beginning to investigate these new technologies. However, there are many laggards and market maturity is inconsistent, with knowledge transfer being critical at this stage"--Provided by publisher
410 0 $1 2001 $a Wiley finance series.
410 0 $1 2001 $a Wiley finance series
606 $a Artificial intelligence $x Industrial applications. $2 lc $3 409017
606 $a Banks and banking $x Technological innovations. $2 lc $3 409018
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680 $a HG1709 $b .B66 2020
700 1 $a Boobier $b Tony $f 1956- $4 author $3 409016
712 0 2 $a Ohio Library and Information Network. $3 288795
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856 7 $2 http $3 Wiley Online Library $u http://proxy.ohiolink.edu:9099/login?url=https://onlinelibrary.wiley.com/doi/book/10.1002/9781119596165 $z Connect to resource (off-campus)
856 7 $2 http $3 Wiley Online Library $u https://onlinelibrary.wiley.com/doi/book/10.1002/9781119596165 $z Connect to resource