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Jury is out on how banks benefit from GenAI

Summary by IT-Online

Despite the growing adoption of GenAI technology in the banking industry, banks and financial institutions are split when it comes to outcome-based strategies. According to NTT Data’s “Intelligent banking in the Age of AI” research report, only half of banks (50%) see it as a tool for improving productivity and efficiency. Similarly, half (49%) believe it can be used for reducing operational IT spend. Transforming Banking Through GenAI GenAI i…

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Jury is out on how banks benefit from GenAI

Despite the growing adoption of GenAI technology in the banking industry, banks and financial institutions are split when it comes to outcome-based strategies. According to NTT Data’s “Intelligent banking in the Age of AI” research report, only half of banks (50%) see it as a tool for improving productivity and efficiency. Similarly, half (49%) believe it can be used for reducing operational IT spend. Transforming Banking Through GenAI GenAI i…

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Deepfakes, a growing threat to banks in the GenAI era - Forbes France

Since its advent, GenAI has imposed itself as a disruptive technology, transfiguring entire sectors of the economy and services.

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Forbes France broke the news in 2 days ago on Thursday, February 20, 2025.

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