Thought Leadership

Why Tier 2 & 3 Banks Often Struggle with AI/ML Adoption

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Alongside the popularity of GenAI in modern conversation, Machine Learning is another technological innovation that continues to provide benefits in tandem. Dr Sridevi Tandley, Practice Leader, Data & Analytics in Banking, Aspire Systems in an interview with FinextraTV shared her insights into the AI/ML landscape and the greatest use cases. On top of this, she also discusses the difficulties tier 2 and tier 3 banks have implementing AI/ML into their processes and how they should lean into third-party vendors.

Comments: (1)

Ravi Sindhia

Ravi Sindhia Director, Wealth Management Americas, Product Ops at UBS

Totally agree on Dr.Tandley's recommendation on upskilling, prioritization of ethical AI practices, and ensuring AI adoption being a part of the culture and vision of financial organizations!