“Subhankar Panda Advocates for AI Integration in Banking at ICSCCT 2026”
At the International Conference on Sustainable Computing and Communication Technologies (ICSCCT) 2026, keynote speaker Subhankar Panda emphasized the necessity for banks to integrate artificial intelligence (AI) and machine learning into their core financial planning processes rather than considering these technologies as mere operational enhancements.
Panda outlined the transformative potential of AI in areas such as predictive risk analysis, liquidity forecasting, and expediting decision-making processes. He underscored the importance of governance and explainability in AI applications to ensure transparency and accountability. Additionally, he called for rigorous testing of AI models to mitigate risks associated with their deployment.
In his closing remarks, Panda stated that the successful integration of AI into banking operations requires ongoing investment from institutions, advocating for a perspective that views AI as a long-term infrastructure need rather than a one-off tech investment. This approach could enable banks to enhance efficiency, improve customer service, and better navigate the complexities of the financial landscape in a rapidly evolving technological environment.
The conference aimed to explore sustainable advancements in communication and computing technologies, gathering experts from various sectors to discuss the future of AI in different industries.
