Future of Global Fintech Second Edition 2025

Perception of risks associated with AI FIGURE 33 AI-generated deepfakes CyberattacksData breach and privacy 16% 28% 40% 11% Market-wide concentration risk Systematic risk in financial systemsExacerbating biases and discrimination5% 24% 28% 31% 10% 7% 13% 31% 35% 14% 7% 11% 27% 36% 19% 7% 8% 27% 36% 23% 6% 11% 22% 38% 21% 8% Very high risk High risk Moderate risk Low risk Very low riskAEs EMDEsGlobal average 23% 52% 21% 26% 53% 17% 21% 51% 26%3% 3% Significantly improved Slightly improved No change Slightly worsened Significantly worsened1% 2%1%Impact of AI on business cost reduction FIGURE 32 Risks associated with AI As AI deployment in the finance sector continues to expand and evolve, it is necessary to monitor the equally expanding and evolving risk landscape. With this in mind, the survey asked respondents about their perceptions of a set of risks associated with AI. As shown in Figure 33, a significant majority of fintechs (between 71% and 84%) considered all outlined risks moderate to very high. Conversely, 16% to 29% viewed these risks as low to very low. The Future of Global Fintech: From Rapid Expansion to Sustainable Growth 43