Technology on the rise worldwide now we will see machines (Artificial Intelligence) in banks which will look after expense reports.

According to the sources, JPMorgan is going to move one step more towards technology as they are going to use robots to examine banker travel expenses.

 

JPMorgan is going to take some authority back from managers hand by using technology in the coming years.

 

The banks have already started using machine technology to put a watch on expense reports. They actually want to take the approval process from managers. Recently in one conference in New York, they told that JPMorgan is doing audit through machine learning model.

 

Machine learning is one kind of artificial intelligence which will use data analysis to spot patterns and helps you make decisions without any different programing.

 

We all know many big companies are facing and the issue of transportation cost of employees so to overcome this problem companies will use machine learning and robot which can give a complete report.

 

JPMorgan is taking one step forward by using artificial intelligence over human, especially managers, and it will also reduce pressure on managers regarding expense, reports and all. This technology is on the last stage; once it will be user-friendly, we might see this artificial technology in 2020 in banks.