Why Banks Need a Chief AI Officer - With Ian Wilson
AI in Financial Services Podcast
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The Importance of Individual AI Strategies for Each Line of Business in Banking
In this chapter, Ian Wilson discusses the importance of having individual AI strategies for each line of business in banking rather than a single strategy for the entire bank. He also explains the different phases of AI adoption in banking and emphasizes the need for business leaders to understand AI use cases and drive the initiatives. Additionally, he addresses the challenges faced in implementing AI in banks and suggests the need for structure and strategic planning in AI adoption.
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