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The Biggest Challenge is How to Reskill People: The Risks of Financial Automation

The Biggest Challenge is How to Reskill People: The Risks of Financial Automation
Though it’s clear automation will change financial services, it’s not always clear how. After all, the automated teller machine was arguably the last real innovation that took place in banking. But there are many more, behind-the-scenes processes that can be automated for greater efficiency and cost savings in product control, management reporting, account opening processes and data access initiatives — among many other things.
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The Biggest Challenge is How to Reskill People: The Risks of Financial Automation

07 Sep 2017
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  • Internet of Everything, Thought Leadership, Digital Business, Financial Services, Innovation

The Biggest Challenge is How to Reskill People: The Risks of Financial Automation

Source: Tanaya Macheel

Though it’s clear automation will change financial services, it’s not always clear how. After all, the automated teller machine was arguably the last real innovation that took place in banking. But there are many more, behind-the-scenes processes that can be automated for greater efficiency and cost savings in product control, management reporting, account opening processes and data access initiatives — among many other things.

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