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34 articles
M&T Bank has expanded enterprise AI use to over 15,000 employees, integrating AI into internal operations, customer service, and risk management. The move reflects a broader digital transformation strategy.
OpenAI's GPT-6 Astra demonstrated exceptional document review capabilities, processing 41 financial documents in minutes while identifying all planted errors and improving workflow performance by nearly 40%.
A financial services firm's AI-generated onboarding app, built with Claude, contained a critical security flaw that was missed during a penetration test by Sygnia.
X Money's new policy allows the platform to cut off users' financial access based on social media content violations, a move that differs significantly from traditional banking practices.
This explainer explores how AI is automating jobs at JPMorgan Chase and the complex trade-offs between cost savings, profit margins, and workforce disruption.
Australian Payments Plus accelerates payment processing using OpenAI's ChatGPT Enterprise and Codex tools, enhancing efficiency while maintaining human oversight.
The Bank of England is assessing whether current regulations can adequately govern agentic AI in finance, as autonomous AI systems become more prevalent in areas like trading, cybersecurity, and payments.
This explainer explores agentic finance, a cutting-edge field where AI agents autonomously manage financial tasks. Learn how reinforcement learning, deep learning, and transformer models enable these systems to make intelligent financial decisions.
Google has unveiled significant upgrades to its Google Finance platform, including a redesigned app with enhanced features and improved user experience. The updates aim to strengthen Google's position in the competitive financial technology market.
HSBC research reveals that while AI is widely used for investment research and idea generation, human wealth managers still hold the final decision-making power when it comes to executing trades. The findings highlight the enduring importance of human trust and judgment in wealth management.
Liberty Bank, a 201-year-old mutual bank, has launched an AI Center of Excellence in partnership with Flare AI to modernize its operations and enhance customer experiences through artificial intelligence.
Visa and OpenAI have partnered to enable AI-powered transactions, raising important questions about security, trust, and the future of AI in financial services.
