AI challenges for financial services companies worldwide 2023

Published by Statista Research Department, Mar 18, 2024
Almost 40 percent of financial services experts perceived data issues (privacy, sovereignty, and disparate locations) as the main challenge in achieving their company's artificial intelligence (AI) goals in 2023. According to a survey carried out in 2024, recruiting and retaining AI experts and data scientists was another significant challenge.

Main challenges for financial services companies in achieving their artificial intelligence goals in 2023

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Source

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Release date

January 2024

Region

Worldwide

Survey time period

2023

Number of respondents

400 respondents

Special properties

financial services professionals; no responses from China were included.

Supplementary notes

The question was phrased by the source as follows: "What are the biggest challenges in achieving your company’s AI goals??".

The source does not provide detailed information on the methodology of the survey.

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Artificial intelligence (AI) in financeInvestment bankingLargest banks in the UKEuropean Central BankMobile banking in the U.S.
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