Reported about 1 month ago
In a fiercely competitive landscape, JPMorgan Chase, Capital One, and Royal Bank of Canada have emerged as the top leaders in AI adoption within the banking sector, according to Evident's AI Index for 2024. With banks like Morgan Stanley and HSBC also ramping up their AI initiatives, JPMorgan predicts a significant return on investment from its AI developments, while Capital One benefits from its agile cloud-based technology. As AI deployments intensify among leading banks, the gap may widen, making it difficult for others to compete.
Source: YAHOO