What is one of the main challenges banks face when deploying AI technologies?
Financial services embraces AI | TECH(talk)

Interactive Video
•
Architecture, Information Technology (IT), Business
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Absence of pilot projects
Lack of investment
Over-reliance on human labor
Deployment without clear business use cases
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are chatbots primarily used in banks?
To calculate interest rates
To manage employee schedules
To direct customers to online resources
To process loan applications
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of integrating AI into CRM systems in banks?
Enhanced customer service efficiency
Increased manual processing
Reduced customer base
Higher interest rates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can AI help with regulatory compliance in banks?
By eliminating the need for compliance officers
By reducing the labor load on manual tasks
By increasing the time for identity verification
By automating all banking operations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential future development for AI in banking?
Integration with voice assistants like Alexa
Complete removal of human employees
Universal banking standards
Elimination of all customer service roles
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one way AI can improve internal operations in banks?
By reducing the number of business lines
By automating data analytics and report generation
By increasing the number of manual reports
By complicating data retrieval processes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected timeline for the rollout of more AI production systems in banks?
By the end of 2025
Between 2019 and 2022
Starting in 2023
Within the next 10 years
Similar Resources on Quizizz
8 questions
Banks to Lose 200,000 Jobs Due to Automation Over Next Decade, Analyst Mayo Says

Interactive video
•
University
6 questions
ING CEO Hamers Says Trading Division May Need Further Restructuring

Interactive video
•
University
6 questions
Pandit Calls China Payment Firms' Success Breathtaking

Interactive video
•
University
6 questions
HSBC Pretax Profit Rises to $4.6B

Interactive video
•
University
6 questions
Microsoft Asia President on AI, New Technologies for Banking Industry

Interactive video
•
University
6 questions
HSBC Pretax Profit Rises to $4.6B

Interactive video
•
University
6 questions
JPM's Dimon Says European Banks Need Cross-Border Mergers

Interactive video
•
University
2 questions
Financial services embraces AI | TECH(talk)

Interactive video
•
University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade