Forbes Technology Council

Max Bondar's stories.

. We help banks launch their own neobank in six months and at a fixed price. Read Max Bondar's full executive profileEverybody knows that banking is a highly regulated industry. Banks that have compliance issues are removed from the market by regulators.Forget about PowerPoints and spreadsheets, the new generation of bankers works with all sorts of integrated development environments and generative AI interfaces.

This happened to Nokia and Blockbuster. And it might happen to traditional banks that start losing customers to neobanks.In this article, we’ll review six potential applications for generative AI in banking, along with the technology’s limitations.A bank is ready to serve customers’ needs whenever the customer logs in. When the customer logs in and completes the money transfer or utility bill payment—that’s it. That’s the end of the story.

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