If this is fintech, traditional banks don't have to worry much.<p>The real tech is something that replicates every day things like paying for something, checking bank account, transfering to other accounts or friends, making saving plans, analysing how a loan for a car or house or investment would fit into the current situation.<p>What AI can do on top is making assumptions about the future, e.g., based on the last 3 years spending and the current loan you consider taking out, how will your bank account look like in 10 years and why?<p>What AI can do is give risk/opportunity assessments for certain scenarios based on anonymized data from all the users, e.g., getting a raise, moving to another town, losing your job, getting divorced, having a baby.<p>What AI can do is figure out based on activity patterns (like a computer virus scanner) when you get an offer that tries to cheat you, when you don't have enough info to make a decision, or when someone hacks your account, stole your credit card or similar. And last but not least it can tell you if you forgot to pay the utility bill yesterday, because yesterday was the 1st and you usually pay that on the 1st.<p>What AI, at least in its current form, is probably not able to do is talk to you like a human.