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In recent years, Artificial Intelligence (AI) has revolutionized the banking industry, with the emergence of “AI natives” leading the way. According to a recent report from ‘Verified Market Research’, the AI in Banking Market size was valued at USD 5.13 Billion in 2021 and is projected to reach USD 64.03 Billion by 2030. AI is being used to revolutionize the banking experience through online and mobile banking, customer insights, and payment processing systems. Additionally, AI is being used to improve fraud detection, automate customer service, and provide personalized financial advice.
