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More efficient processing of information, for example in credit decisions, financial markets, insurance contracts, and customer interaction, that is realized by deploying AI solutions, contributes to a more efficient financial system.
AI, in turn, helps improve regulatory compliance and increases supervisory effectiveness. A professional and risk-controlled AI solution directly contributes to higher, operational efficiency.
Augmenting the human expertise with AI supported systems also opens new opportunities in building digital journeys for a growing customer base of digital natives.
AI solutions are not only able to reduce customer churn, but it also opens the opportunity to roll out new business models and user experiences, to strengthen the competitive position of financial institutions worldwide.
From the very first contact it was clear that Faktion didnโt care about just selling the project, they cared about results and solving the need of Bank van Breda at that time. โ
AI is clearly delivering value in multiple areas across the FSI value chain already, by optimizing internal operations and processes, by assisting in core business decisions such as investment and trading or, at the front-end of the business, by improving customer experience.
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