Evident AI Patent Tracker Insights
Banking | November 2025
The AI Patent Tracker is Evident's official repository of AI-specific patents from banks and insurers, providing you with an unprecedented view into the world of AI innovation in finance.
Our comprehensive database includes 1,500+ AI patents filed by 50 major banks, alongside our insights into the latest trends in how patents contribute to firms’ AI strategies.
Read some of our key findings for banks from the Evident AI Patent Tracker below, or get in touch to learn more.
KEY FINDINGS
1
AI PATENTING IN BANKING IS ACCELERATING, BUT LEADERSHIP REMAINS CONCENTRATED
The number of patents filed by major banks grew at 78% CAGR over the last decade. However, 3 banks account for 75% of all patents: Capital One, Bank of America, and JPMorgan Chase.
2
PATENTS REFLECT GROWING INTEREST IN GEN-AI WITHIN BANKS' WIDER INNOVATION APPROACH
Most patents focus on Traditional AI, but the share of GenAI patents increased from 6% to 17% in 2023. This growing focus on GEAI is also reflected in Evident's Use Case Tracker, where more than half of all new AI use cases disclosed by banks since 2024 have leveraged GenAI.
3
CUSTOMER SERVICE, CYBER AND BACK OFFICE ARE MOST COMMON AREAS FOR GEN AI PATENTS
Evident analysis of GenAI related patents by the banking sector found customer service is the top focus area, reflecting bank investments into customer-facing chatbots and customer analytics. Cybersecurity and back office functions are also areas where bank GenAI patenting is more common. Conversely there are fewer GenAI patents from banks relating to training or financial risk management.
Learn more and work with Evident
Evident members can access and download the full database and explore insights from the Evident team into:
- Which firms are at the forefront of AI patenting
- Where financial services firms are focusing the AI patent activity to drive returns
- How firms’ AI patent strategies are translating into AI innovation
- How regional differences are shaping the patent landscape in both banking and insurance
To learn more about Evident and how you can work with us and access our full database of AI patents, get in touch with us at [email protected].
Get in touch
RELATED PRODUCTS
2025 Evident AI Talent Report
The third edition of our annual Talent Report examines what banks are doing to attract and retain the brightest minds working in AI today, as well as develop and upskill the AI-first bank of tomorrow.
2025 Outcomes Report
As the race for AI adoption in banking intensifies, the Evident AI Outcomes Report examines how banks are setting themselves up to drive, and accelerate, value from AI. It marks the first step towards benchmarking AI outcomes across the sector. Our ambition is to provide a common framework which will enable banks to evaluate and compare their AI outcomes vs peers.
2024 Leadership Report
Explore the latest trends in AI communications and Executive Positioning across major global banks. How are banks building trust with different audiences? What are they communicating?
2025 Responsible AI Report
Our inaugural RAI Report explores the latest responsible and ethical AI activity across the banking sector, with an in-depth review of best practices leading banks are using to accelerate innovation while ensuring they deploy AI responsibly.
2025 Evident AI Banking Index: Key Findings Report
Explore the latest Evident AI Index rankings, our key findings and the methodology behind the world’s first outside-in benchmark of AI maturity in banking.
2025 Evident AI Insurance Index: Key Findings Report
Explore the latest Evident AI Index rankings, our key findings and the methodology behind the world’s first outside-in benchmark of AI maturity in insurance.
GET THE EVIDENT AI NEWSLETTER
The Evident Banking Brief covers the latest trends in AI and financial services. Join over 10,000 subscribers across banking, tech, consulting, academia and government to stay up to date.