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40% of financial institutions report profitability gains thanks to artificial intelligence

TechnologyColombiaEmisora Atlántico40 s readAI summary
Image: Emisora Atlántico

A report on artificial intelligence adoption indicates that 40% of the financial institutions surveyed reported improvements in their financial results associated with the use of this technology, applied in operational processes, customer service, fraud detection and credit risk assessment. In Colombia, 81% of credit institutions use AI in their processes, according to the Financial Superintendence cited in the report. 55% of institutions still struggle to measure the value generated, a share that rises to 76% among large entities.

In 40 seconds

  • 40% of the financial institutions surveyed report profitability gains associated with AI use
  • In Colombia, 81% of credit institutions use AI in their processes, according to the Financial Superintendence cited in the report
  • 55% of institutions struggle to measure the value generated by AI; among large ones, 76%
Read the full story at Emisora Atlántico

IASummary generated by artificial intelligence from a story by Emisora Atlántico. It may contain errors: the original source prevails.

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