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Asia-Pac FSI expecting big improvements with AI
- Friday | 27th September, 2019
The study also found that more than half (52%) of the region’s FSI organizations have already started on their AI journeys. FSI organizations need to build on capabilities, infrastructure, strategy and cultureThe study found that 9 in 10 business leaders from the FSI sector agree that AI is instrumental to an organization’s competitiveness. While FSI organizations are ahead of the average Asia-Pacific organization in all dimensions, they are lagging AI Leaders in areas like Capabilities, Infrastructure, Strategy, and Culture. Fig 2: AI Readiness Model (Asia-Pacific’s AI Leaders vs FSI Organizations). One key example of an AI leader is Moula, an Australian founded organization that uses AI to assess business loan applications made online.
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