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Standard Chartered unveils AI platform SC GPT

Standard Chartered has established SC GPT, a generative AI (GenAI) platform that aims to improve operations, increase productivity, and personalise client experiences. The technology, which is currently available in 41 markets,

How a Legacy Financial Institution Went All In on Gen AI

Why did Moody's—a legacy financial institution built on risk assessment—move aggressively to adopt generative AI, an unproven technology? Because leadership calculated that the risk of standing still outweighed the risk of moving fast.

NatWest seals milestone UK banking collaboration with OpenAI

NatWest and OpenAI have joined forces to enhance the lender's digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank.

Huntington among banks using AI to help lure customer deposits

Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.

Without a strong AI policy, companies endanger their operations

From data exposure to hindered skills development, poorly supervised AI use can put companies at considerable risk.

Cybersecurity 8month
An AI imaging firm says Johnson & Johnson stole its tech. Execs on both sides are expected to testify next week.

Johnson & Johnson signed a multibillion-dollar contract with ChemImage in 2019. The two companies will face off in court next week.

CommBank Expands AI Partnership With Anthropic

Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and

Blockchain 8month
How pharmaceutical companies are training their workers on AI

Seeking more efficient drug development, pharmaceutical giants and startups are encouraging AI fluency and in some cases offering training for it.