Customers Bank CEO Sam Sidhu made an unusual announcement during the company’s first-quarter earnings call: the prepared remarks analysts had just heard were not read by him, but by his AI clone. Sidhu described it as a potential first for a public company earnings call and used the moment to highlight a much larger shift happening inside the bank. Customers Bank, a $25.9 billion asset lender focused on startups and small businesses, is now moving deeper into artificial intel

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

Intuit’s new multimillion-dollar partnership with OpenAI marks a significant step in the fusion of artificial intelligence with mainstream financial services, bringing some of the industry’s most widely used tax and financial tools directly into ChatGPT. Announced as a multiyear agreement valued at more than $100 million, the deal opens the door for Intuit’s major products, TurboTax, QuickBooks, Credit Karma and Mailchimp, to operate natively within ChatGPT, offering users a

The Royal Bank of Canada (RBC) is leading innovation in the financial sector by partnering with Toronto-based artificial intelligence...

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has announced and launched AI-generated news summaries as part...

London-based 9fin, an AI-driven analytics platform tailored for debt capital markets, has announced a successful $50 million Series B...

Mathematicians from Ateneo de Manila University (ADMU) have made a significant breakthrough in financial forecasting by developing...