{"id":241570,"date":"2026-07-09T04:04:00","date_gmt":"2026-07-09T08:04:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/07\/09\/85-of-financial-firms-plan-ai-budget-increases\/"},"modified":"2026-07-09T04:10:09","modified_gmt":"2026-07-09T08:10:09","slug":"85-of-financial-firms-plan-ai-budget-increases","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/07\/09\/85-of-financial-firms-plan-ai-budget-increases\/","title":{"rendered":"85% of Financial Firms Plan AI Budget Increases"},"content":{"rendered":"<p><a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/85percent-financial-firms-plan-ai-budget-increases\/\">85% of Financial Firms Plan AI Budget Increases<\/a><\/p>\n<p><a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/85percent-financial-firms-plan-ai-budget-increases\/\">https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/85percent-financial-firms-plan-ai-budget-increases\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-07-09 04:04:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.pymnts.com\">www.pymnts.com<\/a><\/p>\n<ul>\n<li>The Enterprise AI Benchmark Report highlights the growing importance of AI within enterprises, particularly in financial services, insurance, healthcare, and media sectors.<\/li>\n<li>Within the financial services and insurance sector, AI investments are aimed at improving productivity, enhancing competitive positioning, and mitigating risks.<\/li>\n<li>The financial services sector leads in planned AI budget increases, with 85% intending to raise their AI budgets over the next year, attributing 65% of their AI investment justifications to productivity and efficiency gains and strategic positioning.<\/li>\n<li>The media and advertising sector also plans significant AI budget increases (80% expect to raise these budgets), though only 25% cite monetary ROI as a major driver, indicating a focus on productivity alongside executive support.<\/li>\n<li>Healthcare and medical firms plan moderate growth in AI spending (60%), primarily using pilot funding aimed at operational relief through quick fixes with no formal financial ROI requirement.<\/li>\n<li>Barriers to AI deployment vary per sector: financial services face data quality and fragmentation issues, healthcare firms deal with system integration and data quality, while media and advertising firms tackle skills gaps and governance alignment.<\/li>\n<li>Regardless of sector, most executives foresee AI augmenting, rather than replacing, human judgment over the next five years.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>85% of Financial Firms Plan AI Budget Increases https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/85percent-financial-firms-plan-ai-budget-increases\/ Publish Date: 2026-07-09 04:04:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":241571,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2026\/07\/SB7-AI-Graphic-PYMNTS-Intelligence.png","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-241570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241570"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=241570"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241570\/revisions"}],"predecessor-version":[{"id":241572,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241570\/revisions\/241572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/241571"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=241570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=241570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=241570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}