TD Bank Head of AI and Machine Learning Sumee Seetharaman to speak at FinAi Banking Summit
Sumee Seetharaman, head of AI and machine learning at TD Bank, will speak Tuesday, March 3, at the inaugural FinAi Banking Summit. The summit, which will ...
Tag: artificial intelligence (AI)
BMO Chief AI Officer Kristin Milchanowski on ‘intelligence velocity’ and AI strategy
BMO is using AI to strengthen frontline performance, compliance operations and data analysis while exploring additional AI applications at scale. The $1.5 trillion bank’s AI-powered strategy is ...
ING’s gen AI chatbot tackles nearly 80% of customer queries
ING is seeing quantifiable returns on its generative AI investments and plans to launch gen AI-driven solutions to improve customer satisfaction and efficiency. The $1 trillion bank upgraded its contact centers with ...
Anthropic, Infosys to build custom AI agents for firms
Anthropic PBC has partnered Indian technology firm Infosys Ltd. to develop advanced artificial intelligence solutions for companies across sectors including ...
Newrez, Valon to bring AI-driven mortgage servicing to 4M homeowners
Mortgage lender Newrez is set to deploy fintech Valon’s AI-driven mortgage servicing tool to more than 4 million homeowners. Valon’s AI-native platform, which automates ...
NatWest expects to grow assets by 4% via AI, risk management
NatWest is betting on AI to tame expenses and grow its assets and revenue. The $1 trillion bank aims to simplify operations and embed AI in its processes to ...
Vine says AI makes its commercial lending processes 5 times faster
Commercial lending service provider Vine says its AI-driven lending process has helped bankers increase documentation speed by up to five times. The Austin, Texas-based fintech is “using underlying machine learning ...
JPMorgan promotes Halamish with mandate to accelerate AI rollout
JPMorgan Chase & Co. named Guy Halamish chief operating officer of its commercial and investment bank to help speed up ...
Founders Fund, D.E. Shaw, Dragoneer among co-lead investors in Anthropic deal
Anthropic is nearing the completion of a deal to raise more than $20 billion in a funding round co-led by ...
Microsoft says 29% of employees exposing organizations to ‘shadow AI’ risk
As banks scale their AI initiatives, the security risk posed by “shadow AI” is looming. Shadow AI is defined by IBM as “the unsanctioned use of any AI tool or application” by employees without formal approval or oversight ...
