Benefits of AI in financial services globally 2022-2024
In 2024, operational efficiencies remained the primary benefit of AI in financial services, though the impact showed signs of moderation. A 2024 survey revealed that 37 percent of respondents reported improved operational efficiencies through AI, marking a decline from the previous year. Approximately one-third of companies noted that AI provided a competitive edge, while 26 percent highlighted enhanced customer experience as a key advantage.