# Banks plan autonomous AI decisions but lack governance

> A survey of 300 banks shows 76% expect AI to make credit and risk decisions on its own by 2031, yet only 18% have proper AI controls today.

Oossa · 2026-10-22 · https://oossa.com/en/banks-plan-autonomous-ai-decisions-but-lack-governance

A global survey by FT Longitude, SAS and Microsoft found most banks are racing to let AI decide credit and risk matters without human oversight. By 2031, 76% expect AI to make these decisions at scale, but only 18% have fully operational AI governance now. The study of 300 banking leaders across 31 countries also shows only 10% already use autonomous AI for credit or risk. The gap means many banks may rely on black‑box models that lack transparency.

## The facts

- 76% of banks expect autonomous risk and credit decisions at scale by 2031.
- Only 18% have fully operational AI governance processes today.

## Why it matters

Regulators and customers could face higher risk if banks deploy AI decisions without proper oversight.

## Sources & references

1. [Banks expect to hand decisions to AI - even if they can't explain them](https://www.prnewswire.com/news-releases/banks-expect-to-hand-decisions-to-ai--even-if-they-cant-explain-them-302917220.html) – PR Newswire RSS, 2026-10-22

Last updated: 2026-10-22