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Bots will revolutionize all aspects of banking, says Citi

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Firm says regulation can be a barrier to adoption, but is needed to manage some of the negative side effects of AI.

A recent report by Citi Global Perspectives and Solutions, titled AI in Finance: Bot, Bank & Beyond, looks at how AI can boost profits and productivity, and the challenges holding it back.

It forecasts that the implementation of AI tools in finance will vary widely according to jurisdictions and their