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ARTICLE · 29 JANUARY 2026

About AI In Financial Services

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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The uptake of AI use cases in the financial services sector has been faster than regulators had initially envisaged. In financial services, AI is being used to: optimise internal processes; transform customer relationships...

United StatesFinance and Banking
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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The uptake of AI use cases in the financial services sector has been faster than regulators had initially envisaged. In financial services, AI is being used to: optimise internal processes; transform customer relationships; target marketing and offer services; assist in credit assessments; automate trading systems; detect patterns and make future value predictions; support know-your-customer (KYC) and due diligence processes; monitor risks, regulatory compliance and employees; shed light on dark data for underwriting and collection purposes; report data to regulators; and more. Some firms are also already investing in quantum computing projects, in anticipation of quantum viability.

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