{"id":15775,"date":"2021-02-16T15:15:02","date_gmt":"2021-02-16T15:15:02","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15775"},"modified":"2021-02-16T15:15:02","modified_gmt":"2021-02-16T15:15:02","slug":"robots-more-trusted-than-humans-to-manage-finances","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/robots-more-trusted-than-humans-to-manage-finances\/","title":{"rendered":"Robots More Trusted Than Humans to Manage Finances"},"content":{"rendered":"<p>Oracle has published the results of a new study of more than 9,000 consumers and business leaders in 14 countries. The overall conclusions of the study are fascinating, to say the least.<\/p>\n<ul>\n<li>The pandemic has created financial anxiety, sadness and fear among people around the world.\n<ul>\n<li>Financial anxiety and stress increased by 229% among business leaders.<\/li>\n<li>Consumer financial anxiety and stress more than doubled.<\/li>\n<\/ul>\n<\/li>\n<li>Robots are now seen as a better way to manage finances.\n<ul>\n<li>70% of consumers and business leaders trust a robot more than a human to manage finances.<\/li>\n<li>79% of business leaders trust a robot more than themselves to manage finances, and 60% of consumers trust a robot more than themselves to manage finances.<\/li>\n<\/ul>\n<\/li>\n<li>The role of finance teams and financial advisors will never be the same again.\n<ul>\n<li>64% of business leaders and 47% of consumers believe robots will replace corporate finance professionals in the next 5 years.<\/li>\n<li>92% of business leaders and 43% of consumers want help from robots for finance tasks.<\/li>\n<\/ul>\n<\/li>\n<li>Our relationship with money has changed; it\u2019s time to embrace artificial intelligence (AI) to manage finance.\n<ul>\n<li>87% of consumers say the pandemic has changed the way they buy goods and services.<\/li>\n<li>90% of consumers say the events of 2020 have changed how they feel about handling cash.<\/li>\n<li>83% of business leaders have invested in digital payment capabilities, and 68% have created new forms of customer engagement or changed their business models in 2020.<\/li>\n<li>63% of organizations are already using AI to manage financial processes.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Access the full Oracle report <a href=\"https:\/\/www.oracle.com\/erp\/ai-financials\/money-and-machines\/\">here<\/a>.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-15775 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='30+ companies ready to sign \u201cdigital Geneva convention\u201d'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/30-companies-ready-to-sign-digital-geneva-convention\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/30-companies-ready-to-sign-digital-geneva-convention-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11588\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11588'>\n\t\t\t\t30+ companies ready to sign \u201cdigital Geneva convention\u201d\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='New data privacy regulations changing \u201cbusiness as usual\u201d'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/new-data-privacy-regulations-changing-business-as-usual\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/new-data-privacy-regulations-changing-business-as-usual-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11169\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11169'>\n\t\t\t\tNew data privacy regulations changing \u201cbusiness as usual\u201d\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Artificial intelligence in financial industry lagging behind other industries'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/artificial-intelligence-in-financial-industry-lagging-behind-other-industries\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/01\/02_WLS_ML-623x432-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8050\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8050'>\n\t\t\t\tArtificial intelligence in financial industry lagging behind other industries\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Oracle has published the results of a new study of more than 9,000 consumers and business leaders in 14 countries. The overall conclusions of the study are fascinating, to say the least. The pandemic has created financial anxiety, sadness and fear among people around the world. Financial anxiety and stress increased by 229% among business &hellip;<\/p>\n","protected":false},"author":12,"featured_media":15776,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15775"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=15775"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15775\/revisions"}],"predecessor-version":[{"id":15778,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15775\/revisions\/15778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/15776"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=15775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=15775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=15775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}