The Unlocking AI Playbook: Credit Risk and Payments Edition

The Unlocking AI Playbook: Credit Risk and Payments Edition

The Unlocking AI Playbook: Credit Risk And Payments edition gauges AI’s current and potential uses in the banking sector, with a special focus on two of its more promising applications: credit risk and payment operations. The report is based on a survey of 150 U.S. bank managers and executives representing institutions with assets ranging from $1 billion to more than $100 billion.

Inside the April report:

  • 71.4 percent: share of AI-using FIs that use the system in credit underwriting
  • 67 percent: portion of FIs that believe smart-agent–based AI would help address payments fraud
  • 62.1 percent: share of banks that expect smart-agent–based AI to improve credit/portfolio risk operations

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    Unlocking AI Playbook