Banking and Finance

Cloud computing. AI-driven automation. Advanced data analytics. By embracing these innovations, financial institutions can enhance customer experiences, streamline operations, and secure a competitive edge in the evolving market.

AML solutions

Cloud for regulated entities

Hyper-personalization

Security & compliance

Banking as a Service (BaaS)

AI-first applications

Financial institutions became technological firms with massive risks and opportunities

The banking sector is undergoing rapid technological transformation, with substantial investments in artificial intelligence (AI) to enhance efficiency and customer experience. However, challenges such as data management and consumer trust persist, highlighting the need for strategic implementation of these technologies.

Current state of the financial market

21%

currently using AI banking tools, indicating a growing adoption of AI in personal finance

38%

of financial institutions identify data management as their biggest obstacle to AI adoption

$35B

is the estimated size of the global artificial intelligence in banking in 2025

26%

of customers refuse to use AI for financial purposes

What's hot in banking and finance

AI-powered loan application screening

AI streamlines loan applications by assessing eligibility, identifying missing documents, and personalizing financial product recommendations.

The top open-source generative AI models

Not all ‘open-source’ AI models are truly open. Here’s a breakdown of the best fully open models for businesses - and the trade-offs to consider.

Businesses won’t become AI driven overnight

Gen AI will transform businesses, but adoption will be slow - data quality, security, and integration challenges make instant change unrealistic.

Ready to see what AI can do for you?

AI is helping businesses streamline operations, enhance decision-making, and gain a competitive edge. Let’s explore how it can drive real impact for you.