Machine Learning in Banking Market
Machine learning (ML) has proven to be a success in the banking sector as it provides a massive boost to security. Banking in cyber security comes in the form of chatbots, which convert frequently asked questions into simulated conversations. In addition, they can reset forgotten passwords or grant additional access where necessary. Moreover, customer service is one of the most prominent areas of the banking sector that has been improved by ML. Increase in sophistication of ML has resulted in chatbots, virtual helpers, and ML interfaces that can reliably interact with customers.
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