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From:
www.juniperresearch.com
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AI to Save Banks $900 Million in Operational Costs by 2028
https://www.juniperresearch.com/press/ai-to-save-banks-900m-in-operational-costs/
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The implementation of AI in identity verification will reduce the average time spent per digital onboarding check from over 11 minutes in 2023, to under 8 minutes in 2028.