Opinion | How emerging economies can lead with intelligent banking
Summary
Emerging economies like Nepal can leapfrog legacy systems and build intelligent banking systems powered by AI, data quality and digital infrastructure. Nabil Bank says it aims to become Nepal’s first truly AI-ready bank by 2028.
Key Points
- AI is set to redefine banking by improving credit decisions, fraud prevention, compliance, customer service and productivity.
- The article argues that emerging economies like Nepal can build future-ready financial systems instead of endlessly upgrading legacy infrastructure.
- Nabil Bank says it has already launched nBank, Nepal’s first digital banking platform developed by a commercial bank, and now aims to redesign itself around AI by 2028.
- The piece stresses that technology must be paired with trust, transparency, ethics and human judgment.
