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World’s First Bank Entirely Run By Robots Opens Up In China

April 26th, 2018
Categories: News

Link: http://www.thedailysheeple.com/worlds-first-bank-entirely-run-by-robots-opens-up-in-china_042018

China’s second-largest lenderChina Construction Bank (CCB), opened a Shanghai branch run entirely by robots that greet customers and manage accounts,with new technology including virtual reality, artificial intelligence and facial recognition.

South China Morning Post: as soon as customers walk through the front door they are met by a robot that asks and answers questions using voice recognition.

The financial institution in Huangpu district is equipped with smart automated tellers capable of a range of services including opening an account, money transfer, foreign exchange, gold investment and the issue of wealth management products.

The bank states that the new setup will be able to handle 90 percent of the cash and non-cash demands of traditional banking outlets.

Although for wealthy clients, that other 10% in need of human help, a private room is reserved for remote chats with client relationship managers via direct video feed.

He Fei, a senior researcher at Bank of Communications in Shanghai, stated the bank would be a good test ground.

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