GenAI is making significant inroads in the financial services industry. Adoption rates and implementation levels are the most advanced in information technology (IT), cybersecurity, and finance functions. IT leads in genAI implementation at 28% across all sectors, largely due to the technology’s ability to generate computer code.
“Artificial Intelligence” is one of the few emerging technologies, along with cryptocurrency, that shape and change the technology landscape. The IT and financial sectors lead the charge in AI implementations, which will also bring security implications.
Relevant URL: https://fintechnews.ch/aifintech/it-cybersecurity-and-finance-lead-genai-implementation-in-financial-services/74507/