Banks must first focus on fintechs that automate back-end processes: experts

18 January 2017 | 2 minutes read

Financial institutions – including private banks – must cut through the hype surrounding front office solutions that harness artificial intelligence (AI), robo advice, chatbots and robotics and instead focus on fintechs that automate back-end processes and ultimately lower costs, according to Oracle’s digital banking sales director, Tarik Husain, speaking at Next Money’s Fintech Finals (FF17) in Hong Kong. “Most of…

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