Fintech Benchmarks 2024 report – the promise and threat of AI

Financial technology continues to advance at pace. In the age of artificial intelligence, central banks are adopters as well as overseers of the new landscape. In the Fintech Benchmarks 2024, more than half (56.8%), say they use machine learning (ML) and artificial intelligence (AI) tools, up slightly from 51.4% last year. The 2024 benchmarks also reveal how central banks are using the cloud as well as suptech and regtech tools to enhance their work.


Model banks analysis – Fintech 2024

Explore key differences between central banks across economy groups

Cyber still in focus

Cyber security remains the number one concern for risk managers in 2024, unchanged from the 2023 and 2022 benchmarks. Market risk comes a distant second, followed by operational risk.

Environmental risk brings up the rear. Some central banks have established climate risk units, and many have staff working on the issue. But it still clearly remains a secondary concern.

For the full breakdown, use the benchmarking service’s interactive charts to explore the data.

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Financial Stability
Monetary Policy
Risk Management

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