KPMG’s annual U.S. banking know-how survey is a “pulse-check of the priorities of management throughout the business.” For 2025, the accounting and consulting agency queried 200 U.S. banking executives from giant and small establishments throughout numerous departments to evaluate their tech experience, funding plans, and readiness for inevitable change.
The agency then assembled the findings in its “2025 Banking Know-how Survey” report issued in April.
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Per the KPMG report, U.S. banking executives are adopting generative AI throughout your entire firm, seeing it as important to their long-term relevance.
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Furthermore, 42% of respondents consider that by the top of 2025, genAI will deal with 21% to 40% of each day duties, permitting workers to focus extra on higher-value work.
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Moreover, most banks are upgrading their funds platforms, reflecting the preferences of at the moment’s customers.