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 ...
Tag: artificial intelligence (AI)
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 ...
75% of global banks unprepared for open banking
Most financial institutions are not ready for open banking, but the tedious task of prepping bank platforms can be streamlined ...
One in five TD patents are AI-related
To provide personalized customer experiences, TD Bank is developing AI technology, which has resulted in more patents for the company. ...
Unlocking the financial data ‘treasure trove’
AI and generative AI applications continue to dominate conversations within the financial services industry, but implementing generative AI is near ...
Podcast: 95% of data is unstructured
Financial institutions are looking to AI to help organize and tap into their structured and unstructured data. Data is “really ...
3 drivers for AI integration at GM Financial
GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global chief information officer, said ...
HSBC to invest in wealth, transaction banking technology
HSBC is restructuring the organization by leaving some geographic territories, investing in tech and — most recently — undergoing a ...
IBM to acquire HashiCorp. Inc for $6.4B
IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash. HashiCorp has expertise in deploying multi- and ...
