Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years ago, banks were slow to adopt new tech. But now, they're making big c...
Wall Street is going all-in on AI, and the big banks are leading the charge. JPMorgan Chase, for instance, has a massive technology budget of $18 billion, with a significant chunk dedicated to AI. The bank's CEO, Jamie Dimon, is a big fan of their generative AI suite, which has been rolled out to over 200, 000 employees. With around 100 more AI tools in the pipeline,...
The finance world is at a turning point with artificial intelligence. AI has been a part of finance for a long time. It started with credit scores and fraud detection in the 1980s. Since then, it has grown with machine learning and AI-powered FinTech. Today, AI is used for financial modeling, risk assessment, and underwriting. It helps in making predictions and ...
Imagine a bank where you can get help with your finances just by chatting online. NatWest is doing just that. They are using artificial intelligence to make banking easier and more personal for their customers. The tech? Generative AI, or Gen AI, which can create things like text and images. This isn't just about being cool. The bank has to be careful. They handl...