AI in finance: 2024 outlook

Intro

The AI in Finance: 2024 Outlook dives deep into how artificial intelligence is transforming the financial services industry.

From fraud detection to customer analytics, AI is reshaping how institutions operate and serve their clients.

This report covers cutting-edge technologies like generative and causal AI, which are enhancing everything from underwriting to customer support, helping banks deliver smarter, faster services.

You’ll also find insights into the regulatory landscape, with new rules like the EU’s AI Act shaping the future of AI in finance. Learn about both the opportunities and challenges of AI implementation, including talent shortages and data privacy issues.

This guide is essential for anyone looking to understand the future of AI in finance.

65%

of financial institutions are leveraging AI to improve fraud detection.

40%

of consumers in developed markets express concerns over AI’s role in finance.

70%

of financial executives prioritise AI-driven customer support solutions.

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