When your bank knows your future

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Major financial institutions are using artificial intelligence to predict big events in their customers’ lives.

Boxley Llewellyn, a US executive at IBM specialising in predictive analysis for banking, wealth management and insurance firms, said artificial intelligence was getting better at crystal ball gazing.

“Artificial intelligence is starting now to become a good predictor of the future,” Llewellyn said at the INFINZ – Institute of Finance Professionals New Zealand – conference this month.

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