Artificial Intelligence (AI) Propels the Future of Next-Generation Banking in Africa

It comes as no surprise that technological innovation has successfully bridged Artificial Intelligence (A.I.) with Mobile Banking and ‘FinTech’; this is a convergence effectively assuaging concerns on the service model’s risks in its insurance and loan offering while better modernizing the financial sector in Africa and abroad for those citizenries still longing for ‘financial inclusion’ and fundamental access. The industry of A.I. in FinTech is further set for dynamic global growth; earnings created by the use of artificial intelligence in financial technology will reportedly skyrocket in the next five years, according to a recent report entitled ‘Fintech AI ~ A New Kind of Trader’, as issued by Juniper Research Limited in London. Researchers at the institute have even gone so far as stating that, by 2021, the industry should expect a “…jump…


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