Tag: mckinsey

Compliance analysts are meant to be investigating risk and stopping fraud, yet much of their day is consumed by chasing documents and verifying paperwork....

Banks could unlock productivity gains of up to 20 times by deploying a workforce of AI agents, according to McKinsey.   The consultancy's estimate rests...

The insurance industry is caught in an AI gold rush, but not everything that glitters is fit for actuarial purposes. According to AKUR8, as agentic...

Commercial banking analysts have long split their time between data assembly and credit judgement, but research from nCino suggests the industry may be misreading...

The vast majority of banks have adopted artificial intelligence, but new research from nCino reveals the industry may be measuring the wrong thing entirely. nCino's...

False positives are an inescapable feature of know-your-business (KYB) screening. When a compliance team runs a company and its ultimate beneficial owners (UBOs) against...

Artificial intelligence holds enormous promise for financial services, but delivering real value from AI strategies depends on something far more fundamental: the quality and...

Artificial intelligence is reshaping industries at a remarkable pace. A McKinsey survey conducted between June and July 2025, covering nearly 2,000 companies across 105...

Across Europe, banks are racing to modernise their card systems at an unprecedented pace. Yet despite the urgency and investment involved, the majority of...

AI readiness has emerged as one of the most pressing challenges—and opportunities—for financial institutions heading into 2026. According to Quantifind, the message was clear across...