Financial services alert: Banks are racing to build AI — but tech gaps are slowing them down 

CIO Dive reports that banks are doubling down on cloud, cybersecurity, and data investments to unlock GenAI’s full potential:
72% of firms are scaling generative AI projects
4 in 5 rank cyber, analytics, and cloud as top priorities
Yet nearly half are battling data silos and quality issues
Leaders expect GenAI-driven productivity gains — but returns are uneven
The path forward?
Build resilient, secure cloud foundations
Tackle data modernization before scaling AI
Invest in governance, access controls, and model guardrails
AI may be the future of banking — but only if the underlying tech can support it safely.
#Banking #Cloud #CyberSecurity #GenerativeAI #DataStrategy #Fintech #security #privacy #cloud #infosec
https://www.ciodive.com/news/bank-tech-cloud-data-cyber-generative-ai-broadridge/745931/