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Cognitive
Banking
fromtheexperts
DavidGerbino
Thesadtruthisthattraditionalretailandbusiness
bankinghasbeenbrokenfordecades.Thepowerof
cognitivecomputing,artificialintelligence,learning
algorithms,theblockchainandsoonwillfinally
delivertransformativefinancialservicesthatthe
computerandsmartphoneerasfailedtodeliver.
FintechAdvisor
“
”
SebastienMeunier
Cognitivebankingisaboutleveragingthe
powerofdatasciencetocreatenew
interactionsanddeliverricherinsights,from
smarttradingtoinvestmentadvice,risk
detectionandcustomerservice.
HeadofDigitalforNorthAmerica,
ChappuisHalder&Co.
“
”
BrettKing
Infinancialservicesweseetheultimatepotentialof
cognitivebusinesses.Smartcontracts,predictive
analytics,AIsandtheuseofblockchaintechnologiesall
havetheabilitytocompletelyreshapethefundamentals
ofadvice,assetmanagementandindeedproductsand
servicesthemselves.CognitionandAIwilleliminatethe
needformorethanhalfoftheexistingfinancialservices
woworkforce,butindoingsowillcreatesmart,responsive
financialservicesthatfityourlifeinrealtimebetterthan
anyhumanorbranchevercould.
BestsellingAuthorof“Augmented:LifeintheSmartLane”
andhostofBreakingBanksRadioShow
“
”
AlexTapscott
Theworldofbankingisundergoingitsbiggest
transformationinatleastagenerationandpossibly
ever.Digitaltechnologiessuchasblockchain—the
distributedledgerthatpromisestoradicallyreducethe
needfortrustedintermediaries—promisetomakethe
industryvirtuallyunrecognizableinadecade.To
survive,banksneedtobecognitivebusinessleaders,
ananticipatinghowdigitaltechnologywilltransformtheir
industryandchoosingtodisruptfromwithin.Totruly
thriveinthiseraofdigitaldisruption,banksmustthink
strategically,notjustopportunistically.Thinkhardabout
howfintech,blockchainandotherforcescouldenable
youtodotheimpossible.
CFA,CEO,NorthwestPassageVenturesand
Co-Authorof“BlockchainRevolution”
“
”
Jim Marous
Financialinstitutionsmustbecomecognitive
businessestomeettheincreased
expectationsofthedigitalconsumer.A
cognitivebankingorganizationcanprovide
highlypersonalizedadviceandcontextual
solutionsthatcreateauniquecompetitive
differentiation.
TheFinancialBrand/DigitalBankingReport
“
”
ChrisSkinner
Acognitivebankissmart,
knowing,always-onand
fullofanswers.
ChairmanoftheFinancialServicesCluband
best-sellingauthorof“DigitalBankandValueWeb”
“
”
ibm.co/bankinganalytics
Learnhowtoincorporate
cognitiveintoyourbusiness:
©CopyrightIBMCorporation2016.IBM,theIBMlogoandibm.comaretrademarksofInternationalBusinessMachinesCorp.,registered
inmanyjurisdictionsworldwide.OtherproductandservicenamesmightbetrademarksofIBMorothercompanies.AcurrentlistofIBM
trademarksisavailableontheWebat“Copyrightandtrademarkinformation”atwww.ibm.com/legal/copytrade.shtml.

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