The Biggest Challenge is How to Reskill People: The Risks of Financial Automation
Internet of Everything, Thought Leadership, Digital Business, Financial Services, Innovation
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.