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The generative AI revolution is transforming how banks work

CIO Business Intelligence

The generative AI revolution has the power to transform how banks operate. Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. So, as they leap into AI, banks must first ensure that their data is AI-ready. Generative AI, Innovation

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Microsoft's AI lists Ottawa food bank as a top tourist attraction

TechSpot

Tech author Paris Marx noticed that Microsoft had listed the food bank at number 3 on a list of top recommendations for Ottawa visitors, sitting behind the National War Memorial and attending an Ottawa Senators hockey game. Read Entire Article

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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

(Archway Photo) Key Takeaways Archway , spun out of Washington Federal (WaFd), provides digital banking infrastructure to regional banks. The Seattle-area startup raised $15 million in a round co-led by WaFd Bank and Madrona Venture Group. The goal is to help community banks stay competitive with giants like J.P

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Bots and beyond: How the AI revolution is shifting the paradigm for customer experience in smart banking

CIO Business Intelligence

Today’s consumers are accustomed to smooth, frictionless online shopping – and they increasingly expect the same kind of digital experiences from their banks. consumers use mobile banking channels, and 70% said mobile banking is now their primary way of accessing their accounts. “Most people do not want to go into a bank to do banking.

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Microsoft reports investments in banks, funds and other programs supporting Black-owned companies

GeekWire

Microsoft on Tuesday shared an update on its work to promote racial equity in the U.S. Microsoft reports that it has reached its goal of committing $100 million to mission-driven banks, which provide capital to diverse communities. Thousands of people take part in a Black Lives Matter protest march in Seattle in June 2020.

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Emirates NBD drives sustainability goals with Microsoft partnership

CIO Business Intelligence

Emirates NBD has collaborated with Microsoft to successfully implement Microsoft Sustainability Manager, a Microsoft Cloud for Sustainability solution, to drive digital transformation in its sustainability operations.

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Continuous learning gives U.S. Bank a technology talent edge

CIO Business Intelligence

Bank over the years is that effectively deploying and making use of new tools requires a skilled and diverse workforce and a technology team with a strong engineering culture to support it. Banking on technology and people The largest technology investment for U.S. What we have discovered in implementing emerging technology at U.S.

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