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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Background for genAI use cases Defining generative AI for banking Generative AI is a class of artificial intelligence (AI) models that can create new content—text, images, audio, or video—from existing data. It’s showing up in music and entertainment , education , healthcare , and marketing.

Examples 195
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Function Over Flash

Independent Banker

Newfangled mobile capabilities could help community banks stand apart from their competitors. And most of the remaining one-quarter of community banks that the Boston Fed surveyed that didn’t yet offer a mobile banking service had planned to offer these baseline features and functionalities by 2016.

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Function Over Flash

Independent Banker

Newfangled mobile capabilities could help community banks stand apart from their competitors. And most of the remaining one-quarter of community banks that the Boston Fed surveyed that didn’t yet offer a mobile banking service had planned to offer these baseline features and functionalities by 2016.

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Shaping the Message

Independent Banker

“It’s becoming more and more important for community banks to emphasize that they have the same products and services as large banks.” Eric Morse, Needham Bank. Eric Morse counters megabanks through judicious marketing and branding. That’s the job of marketing to overcome. Needham Bank. Boston native.

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The community bank’s complete guide to building trust

Independent Banker

In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank.

Community 139
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The Revolution Continues

Independent Banker

With the rapid adoption and ongoing acceptance of banking with a smartphone and smartphone camera, the banking industry is poised for even more growth in mobile banking in the coming year. So what can community banks expect for mobile banking and mobile deposit capture in 2015?

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The SMB Challenger Banks: Bank Novo

Fintech Labs Insights

The company is an aggressive online marketer attracting nearly 300,000 visits via paid marketing across 740 publishers vs. 80,000 via organic search according to SEMrush (Aug 2021). The banking partner is Middlesex Savings Bank , a Natick, MA-based community bank with $5.7B ATM fees reimbursed.

Boston 15