adoption of AI in financial businesses increased significantly since 2022, and it is expected to increase even further in the coming years.
According to a survey carried out in 2023, data analytics was the most commonly used AI-enabled application used in the financial services industry in 2023. Based on the survey, 69 percent of the respondents used AI for data analytics, which was followed by data processing. Other common AI use cases were natural language processing and large language models. The Most popular AI use cases in financial services worldwide in 2023
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Artificial intelligence (AI) in finance
Overview
6
- Premium Statistic Main trends to impact banks in 2023, according to executives worldwide
- Premium Statistic AI adoption in organizations worldwide 2022, by industry and function
- Premium Statistic Adoption rate of AI in global finance business 2022-2025
- Premium Statistic Market size of AI in fintech 2023-2024, with forecast for 2029
- Premium Statistic Leading banks in AI adoption in Americas and Europe 2023
- Premium Statistic Global generative AI market size in financial services 2022, with forecast to 2032
Investment and spending
6
- Premium Statistic Global spending on AI 2023, by industry
- Premium Statistic Distribution of global spending on AI 2023, by industry
- Premium Statistic Spending on AI in Europe 2023, by industry
- Premium Statistic Distribution of spending on AI in Europe 2023, by industry
- Premium Statistic Financial sector AI spending worldwide 2023, with forecasts to 2027
- Premium Statistic Banking sector gen AI spending worldwide 2023, with forecasts to 2027
Impact
6
- Premium Statistic Potential impact of generative AI on industry revenues 2023, by industry
- Premium Statistic Potential impact of AI as a percentage of industry revenues 2023, by industry
- Premium Statistic Potential generative AI productivity impact 2023, by business function
- Premium Statistic Potential value created by AI in the banking sector 2023, by business segment
- Premium Statistic Potential impact of generative AI in the banking sector with example use cases 2023
- Premium Statistic Benefits of AI in financial services globally 2022-2023
Use cases
4
- Premium Statistic Use of AI in financial services processes worldwide 2022
- Premium Statistic Most popular AI use cases in financial services globally 2023
- Premium Statistic Main financial services business areas with AI adoption 2023
- Premium Statistic Primary strategy of financial services companies for use of AI and ML 2023
Attitude and challenges
4
- Premium Statistic Attitude toward GenAI in the financial services industry in Europe 2023
- Premium Statistic Attitude toward GenAI in the financial services industry in the U.S. 2023
- Premium Statistic AI challenges for financial services companies worldwide 2023
- Premium Statistic Importance of AI for the success of financial services companies worldwide 2023
Further related statistics
10
- Total assets of the Industrial and Commercial Bank of China 2012-2023
- Operating income of the Industrial and Commercial Bank of China 2013-2023
- Operating income of the Bank of Communications 2013-2023
- Total assets of the Bank of Communications 2013-2023
- Total assets of the China Construction Bank 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Employees of Banco Santander 2013-2023, by gender
- Total assets of Banco Santander 2001-2023
- Banco Santander global operations: geographic diversification of profit 2023
Further Content: You might find this interesting as well
Statistics
- Total assets of the Industrial and Commercial Bank of China 2012-2023
- Operating income of the Industrial and Commercial Bank of China 2013-2023
- Operating income of the Bank of Communications 2013-2023
- Total assets of the Bank of Communications 2013-2023
- Total assets of the China Construction Bank 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Employees of Banco Santander 2013-2023, by gender
- Total assets of Banco Santander 2001-2023
- Banco Santander global operations: geographic diversification of profit 2023
Nvidia. (January 11, 2024). Most popular AI use cases in financial services worldwide in 2023 [Graph]. In Statista. Retrieved June 11, 2024, from https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/
Nvidia. "Most popular AI use cases in financial services worldwide in 2023." Chart. January 11, 2024. Statista. Accessed June 11, 2024. https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/
Nvidia. (2024). Most popular AI use cases in financial services worldwide in 2023. Statista. Statista Inc.. Accessed: June 11, 2024. https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/
Nvidia. "Most Popular Ai Use Cases in Financial Services Worldwide in 2023." Statista, Statista Inc., 11 Jan 2024, https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/
Nvidia, Most popular AI use cases in financial services worldwide in 2023 Statista, https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/ (last visited June 11, 2024)
Most popular AI use cases in financial services worldwide in 2023 [Graph], Nvidia, January 11, 2024. [Online]. Available: https://www.statista.com/statistics/1374567/top-ai-use-cases-in-financial-services-global/