“Associated Banc-Corp (NYSE: ASB) (“Associated”) today announced the expansion of its product and marketing leadership team with the addition of Chun Schiros as senior vice president, chief analytics officer. Schiros will focus on enhancing the bank’s ability to access and use data effectively and efficiently to attract, deepen and retain customer relationships across all lines of business,…
Tag: ai Banking
China’s Alipay tests AI assistance within its shopping app
“China-based Ant Group’s Alipay mobile app has launched a pilot of an AI-powered user interface, the Alipay Smart Assistant, that aims to direct Alipay users to more than 30 different types of services available within the app, according to a press release. The assistant, built on Ant Group’s Bailing large language AI model that aims to promote…
How Open Banking And AI Can Help Transform Financial Planning
“Open banking—the technology that enables people to securely share their data with third parties—is putting more people and businesses in control. It’s allowing them to consent to securely share their dynamic data to activate innovative experiences, including seamlessly receiving a loan, opening a new account online using identity verification or getting access to more flexible…
Jamie Dimon’s JPMorgan and other North American banks are so far ahead in the AI race that one indexing boss says it’s now a question of ‘Can others catch up?’
Big banks are in a race to get AI right
“Morgan Stanley’s AI assistant is built on the bank’s internal data, sorted to separate what can only be shared internally and what clients can see. Answers to prompts come with supporting citations. https://www.axios.com/2024/04/12/banks-ai-morgan-stanley