“Six in 10 institutions said they improved their AI capabilities over the past year, with leaders increasingly focused on scaling AI responsibly, securely, and profitably across core functions such as payments, lending, compliance, and customer engagement. AI is now seen as a central driver of innovation, with 43% of institutions citing it as their top…
Tag: Financial Services
Americans are using AI for financial advice more than you think
“According to FNBO’s 2025 Financial Wellbeing Study, 46% of Americans have used AI, such as ChatGPT, to help with their personal finances, and an additional 50% trust AI for financial advice.” Read more >>
Consumers are Using AI to Find Their Next Bank, But Many Still Don’t Trust Its Advice
“The strategic response isn’t to fight AI or ignore it. It’s to become the authoritative source that AI references when consumers and businesses ask banking questions. 50% of consumers told us that they don’t trust AI responses when they don’t recognize the referenced source.” Read more >>
AI’s Real Risk In Banking: It’s Not Tech—It’s Forgetting The Human
“The most successful AI use cases are not replacing tellers or advisors. They’re eliminating friction. By automating data cleansing, document review and routine workflows, AI removes the administrative noise that prevents employees from spending time with customers. In other words, AI works best when it clears space for listening, problem-solving and relationship-building—the very things that…
$370 Billion Profit Potential for Retail Banks via AI by 2030
“The AI-First Bank: What It Looks Like AI-first banks will redefine what market-leading banks can do. The BCG report highlights six characteristics that will define an AI-first bank: Read more >>