3 Data points that are resetting expectations for AI, treasury, and payments

Three recent studies reveal meaningful shifts across financial services: where AI still falls short, why payments are becoming strategic, and how customer expectations are being reset. Here’s the narrative behind those numbers. 26.2% of AI agents completed just one in four real-world work assignments The number: OpenAI’s Codex, the top-performing system in UC Berkeley’s Agents’ &

Adoption of AI across the investment management industry has never been higher, with firms deploying the technology to summarise research, monitor threats, automate workflows and bolster cyber defences. Yet this rapid uptake is generating fresh risks, from autonomous systems drifting beyond their intended boundaries to AI-generated errors, hallucinations and generative AI-powered attacks, alongsid

More than 10 million UK adults could soon see their finances managed by an AI agent, according to a landmark review published this week by the Financial Conduct Authority (FCA). The Mills Review, which examines the role of AI in retail financial services, found that one in five adults are already open to letting AI […] The post AI money managers loom for 10 million UK adults appeared first o

Artificial intelligence (AI) agents can complete only about 1 in 4 real-world work tasks, according to a new benchmark from UC Berkeley’s Center for Responsible, Decentralized Intelligence that pitted leading AI systems against actual assignments from working professionals. The findings test a bold prediction: that AI agents will replace human workers across most knowledge jobs […] The post