Grasshopper Bank turns AI agents into $6-per-hour veteran employees
Bank’s AI ‘power users’ saving 8 to 12 hours per week
AI is bearing fruit at Grasshopper Bank as the technology eliminates hours of labor while its AI agents are doing the work of seasoned employees. The $1.5 billion digital bank has entered the next phase of its agentic AI initiative by building six virtual assistants within its IT team that cost roughly $6 per hour to operate, Chief Technology Officer Peter Chapman told FinAi News. Employees say that these agents are like “a very […]
