Artificial intelligence (AI) will bring $164 billion to the banking sector by the end of 2024, with the largest profits expected in North America ($50 billion) and Asia ($49 billion). The expected revenue growth will be $20 billion compared to 2023. The implementation of AI allows automation of tasks, risk management, and fraud prevention. According to an Nvidia survey, 91% of financial companies are considering or already using AI to enhance efficiency. Leading banks such as Wells Fargo and Deutsche Bank are actively using AI to improve customer service.
11/9/2024 5:41:50 PM (GMT+1)
AI will bring $164 billion to the banking sector by the end of 2024 💰: North America and Asia lead with $50 billion and $49 billion in profit, expected growth of $20 billion 📈
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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