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