A study warns that 95% of GenAI spending yields no business outcome when applied to financial services like AML, KYC, and transaction monitoring.

The entities involved

• Massachusetts Institute of Technology →

  private university in Cambridge, Massachusetts, USA, founded 1861

  • MIT, Caltech, UChicago, Princeton, and Harvard are ranked in a new global university ranking.Mon 14:22
  • A ranking review reveals that institutions including UChicago, Princeton, and MIT are facing a major shift, having lost the top spot and settling in second place.Mon 14:22
• ING Group →

  Dutch multinational banking and financial services corporation

  • ING Group received an ESG rating upgrade from 'AA' to 'AAA' in October 2025, and its shares are listed in major indices in Amsterdam and Brussels.Sun 00:42
  • ING Group updated its models to meet requirements set by the European Central Bank.Fri 04:06