GET STARTED
USER LOGIN

BLOG

Forbes: Can Small and Mid-Size Banks Survive AI?

In today’s consumer banking landscape, small- and mid-sized banks, once valued for local relationships, are facing new challenges as customers prioritize digital convenience. With major banks investing billions in AI to enhance personalization and efficiency, smaller institutions are feeling the pressure to keep up. AI presents an opportunity for these banks to restore and amplify their hallmark of personalized service. By outsourcing AI capabilities through cloud banking providers, these banks can improve customer experience, automate routine inquiries, and focus resources on meaningful customer connections. This strategic blend of technology and human touch can help smaller banks regain a competitive edge in a crowded market.

GenAI | Technology

//

October 31, 2024

More From Frame AI CEO George Davis In Forbes

While the giants pour billions into tech, smaller banks can adopt strategic AI solutions to reclaim their strength in personalized service—enhancing customer experience and efficiency without breaking the bank. Read more from Frame AI CEO George Davis in Forbes about how the right blend of AI and human connection can help these banks stay relevant in a changing landscape.

 

Forbes: Can Small and Midsize Banks Survive AI? 

THE LATEST

VIEW ALL
How AI is Accelerating the Hybridization of Sales and Marketing

How AI is Accelerating the Hybridization of Sales and Marketing

, , ,

Customers no longer follow a linear path from marketing outreach to sales conversion. The fragmentation of the customer journey has created a critical business problem: ensuring a seamless and personalized experience across all touchpoints. To compete on engagement, companies have begun collapsing the traditional boundaries between sales and marketing. AI is accelerating this shift by synthesizing new data from various channels and enabling more precise targeting that aligns sales and marketing efforts around customer needs.

read more
What Else Can AI Do For CX?

What Else Can AI Do For CX?

, ,

CX leaders are figuring out how to leverage AI to transform core parts of their operations. Frame AI CEO George Davis recently joined a panel at Arthur AI Fest to weigh in on where to find impact beyond chatbot-style automation. Thinking about build vs.buy? What it means to “tailor AI” to specific business needs? Check out a summary of George’s insights below and stay tuned for Part 2.

read more
Powering the Middle with AI

Powering the Middle with AI

Middle managers are crucial to organizational success but often spend a significant amount of time on administrative tasks, which limits their ability to focus on leadership and strategy. AI can alleviate these burdens by automating repetitive tasks and providing real-time insights, enabling managers to concentrate on higher-level responsibilities. Technologies like Frame AI’s STAG architecture go further by continuously analyzing data, proactively identifying risks, and offering performance feedback, which allows managers to take timely action. By empowering middle managers with advanced AI tools, organizations can enhance leadership, team performance, and overall operational success.

read more

Learn how Frame Ai’s enterprise api
empowers platforms across the world

CONTACT SALES

Receive monthly insights on how AI is being
leveraged to reshape unstructured data

Case studies, interviews, and tips and tricks learned from harnessing AI for more strategic
implementation of your data.