Benefits of Online Banking for Banks

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What technology is better suited for identifying complex, non-linear relationships in extremely large datasets?

Artificial intelligence (AI)

In the context of automated trading, what benefits can computer algorithms provide to investors?

More efficient trading

What drives fintech development in the areas of large datasets and analytical tools?

Rapid growth in data and technological advances

How is a Blockchain described in the text?

Decentralized, public ledger

What can blockchain be programmed to record according to the text?

Virtually everything of value

Which technology is considered capable of tasks that previously required human intelligence?

Artificial intelligence (AI)

What is the main benefit of executing investment decisions through computer algorithms?

More efficient trading

What kind of ledger is a Blockchain as per the text?

Incorruptible digital ledger

What are complimentary applications of blockchain, cryptocurrency, and fintech mentioned in the text for delivering?

New kinds of financial services

What is considered to be parallel to fintech development according to the text?

Birth of cryptocurrency and blockchain

Learn about how online banking reduces human intervention, boosts productivity, lowers costs, and increases profitability for banks.

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