Generative AI is revolutionizing banking, potentially adding $200-340 billion in value. Financial executives see it as vital for digital transformation, with a 20% cost reduction seen in compliance tasks. By 2030, banks will invest $85 billion. With 42% of financial service executives expecting 50-99% increases in generative AI investments. Generative AI key uses include fraud detection (76%), customer service (62%), and compliance (68%). See the below infographic for more details.