FIS and Oxford Economics

64% of respondents stated that a lack of in-house expertise is a barrier to AI adoption.

73% of respondents cited high implementation and maintenance costs as the top concern, presenting a barrier to AI adoption.

56% of global businesses are scaling or fully implementing AI.

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management.

58% of respondents reported difficulty integrating the technology with existing systems as a barrier to AI adoption.

45% of businesses plan to increase investment in AI over the next two years.

56% of global businesses are scaling or fully implementing AI.