PREMIUM CONTENT
This is premium content, available to Connect Plus users only
Unlock this content and more with Connect Plus membership.
Join a community of professionals and get:
Join a community of professionals and get:
15% discount
on all CeFPro events.
on all CeFPro events.
Post-event access:
unlock speaker decks and audience polls.
unlock speaker decks and audience polls.
Instant insights:
Full library access the moment you sign up.
Full library access the moment you sign up.
Article
Paris Calling – What Does the EU Summit Tell Us About the Future of AI?
AI presents immense opportunities for financial services but comes with hurdles. While the U.S., China, and the EU adopt differing strategies, financial institutions face challenges like governance, accountability, and regulatory uncertainty. The balance between innovation and compliance is key to success.
Feb 25, 2025
Andreas Simou, Managing Director, Center for Financial Professionals
Tags:
Cyber
AI and Technology (including Fintech)
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
- Financial
institutions are hesitant to fully embrace AI due to concerns about
accountability, governance, and the need for clear strategic priorities.
- Despite
significant opportunities in fraud detection and risk management, regulatory
uncertainty hampers AI adoption, particularly with Generative AI.
- AI presents a
competitive advantage for financial institutions, but cybersecurity remains the
top investment priority.
- Geopolitical
and regulatory differences between the U.S., EU, and China influence AI
development and its future in financial services.
Log in to continue or register for free
WHAT'S INCLUDED:
Unlimited access to peer-contribution articles and insights
Global research and market intelligence reports
Discover Connect Magazine, a monthly publication
Panel discussion and presentation recordings
Sign in to view comments
Related insights —