In the wake of a seminal wave of new artificial intelligence startups such as OpenAI, a new UK company claims it can track and rank banks on their ability to develop and deploy AI platforms.
Evident, a benchmarking and intelligence company, claims its inaugural Index can rank the 23 largest banks in North America and Europe on their competence in AI.
“As the real-world application of AI accelerates at astonishing speed, we believe that this transformation is too important — for managers, for investors, for society at large — to be happening in a darkened room. Our Index measures the race to banking AI maturity in a way that brings transparency to the top of the agenda,” said Alexandra Mousavizadeh, Evident Co-Founder and CEO in a statement.
Over a call she added: “Setting our methodology onto the banks felt like the right place to start because this is a sector that has been really focused on this for a number of yea...
