RBC to save $541M with HSBC integration
Royal Bank of Canada is on target to fully integrate HSBC Canada into its operations within the next two years. ...
Banking
BMO leans into cloud modernization, AI in Q2
BMO continued to deliver on its digital-first agenda during its fiscal second quarter 2024 with AI, data and overall modernization...
Scotiabank reports rising digital banking adoption in Q2
Scotiabank saw digital adoption among customers and its tech spend tick up during its fiscal second quarter 2024. The Toronto-based...
Inside TD Bank’s gen AI pilots
TD Bank is exploring the use of generative AI within its institution through pilot programs. “Understanding how generative AI can...
Ally Financial eyes AI-based inventory recommendations
Ally Financial is continuing to invest in technology and generative AI to offer improved car sale recommendations and inventory options for...
JPMorgan identifies 3 gen AI uses
JPMorgan Chase has identified three uses for generative AI to boost efficiency. “AI, and particularly large language models, will be...
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JPMorgan KYC operations up to 90% more productive with AI
JPMorgan Chase is reaping rewards in know-your-customer operations from deployment of AI. The bank processed 155,000 know-your-customer (KYC) files in...
Podcast: 35% of banks using AI, Hapax COO says
Financial institutions are looking to AI to streamline daily tasks. “Thirty-five percent of banks are already utilizing AI in some...
JPMorgan says every new hire will get training for AI
JPMorgan Chase & Co. is immersing every new banking employee in artificial-intelligence training, preparing them for a technology Chief Executive...
