Generative AI is transforming financial services, with market growth projected at $16.2 billion between 2024 and 2030. AI-powered chatbots and personalized financial advice are driving adoption, helping banks streamline operations and enhance customer experience. As regulatory frameworks evolve, financial institutions face pressure to balance innovation with compliance. The shift is particularly relevant for fintech firms and traditional banks navigating AI integration.
Read the whole story here: https://www.globenewswire.com/news-release/2025/03/19/3045626/0/en/Generative-Artificial-Intelligence-in-Financial-Services-Strategic-Business-Report-2025-Global-Market-to-Grow-by-16-2-Billion-During-2024-2030-Expansion-of-AI-Chatbots-Creates-New-.html