AI in banking
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Bank of America’s CashPro App recorded a 20% year-on-year rise in sign-ins and US$1.2 trillion in payment approvals, as AI tools and mobile-native security reshape how corporate treasury teams manage cash and payments globally.
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WeLab, a pan-Asia fintech platform, has partnered Google to accelerate the adoption of artificial intelligence (AI) in digital banking across the region. The partnership, announced on Saturday (Sep 28), is aimed at helping WeLab achieve its goal of providing AI-powered financial services to 500 million users by 2032. WeLab will integrate Google’s AI models and…
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