“More than 70% of credit unions and regional and community banks reported an increase in fraud in 2025, according to the Alloy State of Fraud Report, which surveyed institutions of all sizes. That’s a higher percentage than was reported by both big banks and fintechs. It’s also a jump from what smaller institutions reported the previous…
Tag: Financial Services
Financial Institutions’ Unexpected Advantage in the Race for AI Leverage
“But a third model of enterprise agentic AI adoption is emerging: one in which the AI learns from real workflows, surfaces useful patterns, and builds agents that codify, and improve, what’s already getting the job done. In the short term, such systems — known as behavioral agent automation platforms, or BAAPs — give employees relevant,…
The paradigm shift: How agentic AI is redefining banking operations – McKinsey
“I was recently having dinner with the COO and the CTO of a large Asian bank, and they shared a really memorable analogy. They said, ‘Look, AI is not the pilot replacing the crew. It is the new engine that makes the aircraft go farther and faster with the same team on board. And the…
Only 2% of Financial Institutions are Yet to Adopt AI
“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…
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 >>