Strategies for Financial Institutions to Succeed in the Next Phase of the GenAI Competition

Amid the fervor to leverage the potential of AI, numerous financial institutions are overlooking the nuanced aspects of various AI types. Consequently, they are neglecting the formulation of comprehensive, enduring strategies. A recent report from BCG presents a framework designed to cultivate the potential of AI while simultaneously addressing and minimizing associated risks.

Read the full story HERE.

Global Banking Annual Review 2023: The Great Banking Transition

Banking profits are up, thanks to rising interest rates, but financial institutions globally need to reinvent themselves in the face of major structural and macroeconomic shifts.

Check out McKinsey's just published report HERE.