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How might AI help a small bank?

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Question: 
How will AI help profitability and customer interactions in a small bank?
Answer: 

There are many ways whether a small or large bank, but some used already are AI driven chatbots which answer consumers questions. Standard “talk-offs” will be followed whereas a person may deviate from text. Chatbots deliver programmed messages based on predetermined responses. What banks need to control are the responses and all the recognized triggers, sending customers to a human when the correct response can’t be determined.

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First published on 01/21/2024

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