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

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