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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,

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.

China's central bank vows to promote applications of AI large language models

The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.

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 7month
Redefining banking, finance via innovative communication

By leveraging AI analytics, financial institutions can gain deeper insights into customer behaviour and preferences, enabling them to offer tailored solutions such as personalised loans

Enhancing Banking Security with Facial Recognition: A New Era in Customer Identification

In conclusion, Venkata Raja Ravi Kumar Gelle highlights that facial recognition adoption in banking marks a major shift toward smarter and safer financial services. With responsible implementation and continuous innovation, this technology can redefine customer interactions, setting new standards for security and service excellence.

As the US moves towards open banking, cloud technology is driving AI innovation

The US is going all-in on AI, with spending projected to hit a massive $120 billion by the end of 2025, a 26% annual gro