The AI Revolution in Finance: Promise, Peril, and the Path Forward
75 percent of industry respondents leveraging AI for tasks such as fraud detection and credit risk modeling. Yet, the rise of generative AI and agentic AI is what truly captures the imagination. Generative AI, despite only gaining traction since 2022, is now used by 71 percent of industry respondents, while agentic AI is already in active adoption among 52 percent. Fintechs, unburdened by legacy systems, lead the charge, with 57 percent adopting agentic AI compared to 45 percent of traditional financial institutions.









