It's always refreshing to see Evident Insights' annual AI Index, which ranks 50 of the world's largest banks on their AI prowess. Evident uses 90 publicly available data points, drawn from job postings, LinkedIn profiles, patents, academic papers, financial filings, executives' public statements, and more, to come up with its ranking.
Most of the banks in the index improved their overall scores, and the average scores have climbed significantly over time. NatWest, the 18th bank in the Index, for example, scored more points this year than the number 10 bank in last year's ranking.
The leaders are leading more, but the pace of growth has doubled since last year. Those that made the investment to have their data cleaned up and ready for AI applications and that have invested in hiring AI talent and deploying AI solutions are seeing results.
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