Tag: mckinsey

When banks fail to stop money laundering, fraud or sanctions evasion, the coverage usually centres on penalties, technology gaps and broken processes. What rarely...

Adoption was never going to be the hard part. Most banks have already brought AI into the building. The harder question, and the one...

Banks are rapidly adopting AI, but most are still struggling to prove what the technology is actually delivering to the bottom line. Research from nCino’s...

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...