AIFinancial Timesabout 2 hours ago
Why AI could be a financial 'sludge' buster
1 min read
Artificial intelligence can reduce financial 'sludge', the friction, fees, and fine print that slow down or block consumer transactions. The technology automates compliance checks, simplifies disclosures, and streamlines claims processing. This cuts costs for institutions and removes barriers for customers, making financial systems faster and more accessible.
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