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TD Launches Agentic AI to Transform Mortgage and HELOC Lending
TD Bank Group is taking a major step into the future of banking with the launch of its first agentic AI model, designed to transform how mortgage and Home Equity Line of Credit applications are reviewed. Announced on May 21, 2026, the new system marks a key milestone in TD’s larger enterprise-wide AI strategy. The bank says this technology will help automate and simplify parts of its Real Estate Secured Lending operations, beginning with the early review process before applic
Covertly AI
May 243 min read


BMO Expands AI and Quantum Computing for Smarter Banking
BMO is expanding its technology ambitions with a new enterprise wide initiative focused on artificial intelligence and quantum computing, highlighting how seriously major banks are treating the future of innovation. The bank has launched the BMO Institute for Applied Artificial Intelligence & Quantum, a new organization that will oversee AI innovation, application, governance, and the development of quantum capabilities across the business. BMO says the institute is meant to
Covertly AI
Apr 263 min read


Cash App Launches Moneybot: New AI Assistant for Smarter Finance
Cash App is taking a major step forward in personal finance technology with the debut of Moneybot, a new AI assistant designed to help users analyze their finances, interpret spending habits, and make more informed financial decisions. Launched as part of Cash App’s extensive fall update, Moneybot is initially available to select users, with a broader rollout scheduled in the coming months (TechCrunch; TechBuzz; Yahoo Finance). The AI assistant can respond to direct, conversa
Covertly AI
Nov 13, 20254 min read
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