Mention the transformative power of AI, and many people’s minds turn to futuristic scenarios where robots eventually run the world free from human influence. However, Nate Castro, GM of Financial Services at Invisible Technologies, says that for FinServ enterprises, the reality is more mundane and much more immediate. AI is likely to have a significant impact on financial services and many enterprises within the sector have been among the technology’s early adopters.

Understanding the Context

But most still aren’t properly equipped to take full advantage of AI without outside help, according to Invisible Technologies’ Head of Business Development, Financial Services, Addison Chu.