Artificial intelligence impact on financial inclusion
Written by Black Hot Fire Network on April 18, 2024
- AI tools can analyse data from client discussions, producing legal documents in simple language and at a fraction of the cost of what it would typically take to draft a contract.
- AI has the potential to propel the fintech industry into a new era of financial inclusion.
- Banks, for example, can make their services more affordable to their customers by rolling out AI-powered chatbots to handle routine queries, at the same time sparing them from having to travel to a bank branch.
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