AI for secure digital identity revolutionizing banking in Pakistan

Artificial Intelligence (AI), is revolutionizing the banking sector and presents unprecedented options for proficiency and innovation. The adoption of AI in the banking sector has stimulated globally, and it can potentially bring huge value to business. Academic research published by MDPI in 2023, however, indicates that this technological gyration has not secured Pakistan’s banking sector, which is a decisive component of the economy of the country. The banking sector has embraced AI technology at a 12.2 percent adoption growth rate …

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