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March 21, 2017
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Posted by:
Nitin Garg
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Posted in:
Artificial Intelligence, Banking technology, Bots, Digitization, Financial services, Fintechs, Lending, Loans, Mobile, Mobile Banking, Retail Lending, Robots
Banks and other financial service companies are built on security and trust. They keep your money safe and you trust them to give it back when you ask for it. If you don’t trust your bank, you will take your money out. But if “too many” people do that then there will be a run on the bank. No bank has enough “cash” to cover all they “owe” to their
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