“Against that backdrop, Truist’s mobile app users grew 6%, to 4.6 million users. Zelle transactions surged 31% to 22.9 million, and overall digital transactions gained 9% to 70.8 million. Truist One’s embrace skews decidedly younger, as management noted on the call that 79% of new applications come from millennials and Generation Z consumers. The company…
Tag: Digital Transformation
Rolling Out A Generative AI Strategy In 2023
“74% of organizations that adopt AI into their marketing efforts have seen their revenue increase.” https://www.forbes.com/sites/forbestechcouncil/2023/07/17/rolling-out-a-generative-ai-strategy-in-2023/amp/
Japan’s Mizuho bank ‘rolling out generative AI’ to 45,000 employees
“Mizuho is rolling out generative AI functionality to its 45,000 employees in Japan. The Japanese bank’s move to grant its employees access to Microsoft’s Azure OpenAI services reportedly makes it one of the country’s first financial firms to adopt generative AI technology.” https://www.fstech.co.uk/fst/Japan_Mizuho_bank_rolling_out_generative_AI_to_45000_employees.php#:~:text=Mizuho%20is%20rolling%20out%20generative,to%20adopt%20generative%20AI%20technology.
Sharing Our Field Notes: The State of Generative AI in Financial Services
This is the most comprehensive analysis of Generative AI in Financial services that I’ve read to date, and I uncovered the article compliments of Ron Shevlin re-sharing a post from Matt Harris at Bain Capital Ventures. I highly encourage you to read the full post at the link below, but here are a couple of…