
21 Questions IT Leaders Need To Ask AI Vendors
How to help your financial institution choose a secure, impactful banking AI solution.
Your financial institution (FI) is ready to take the next step in your AI journey. But with so many vendors and solutions to choose from, your buying committee is waiting for buy-in from a key decision-maker: you. There’s a good reason your colleagues are coming to you for answers. 95% of AI pilots fail, according to a recent MIT study. For banks and credit unions, the risk of failure is amplified due to one simple fact: Generic AI solutions aren’t built for the unique requirements of financial institutions.
This guide outlines five common questions your buying committee will ask you—and how to vet your vendor so you can confidently answer them all.
