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Topic

AI in banking and payments

The use of artificial intelligence by banks and payment companies, spanning internal risk and compliance tools and client-facing products like trading and FX.

Current stories

invest3 publishers

Hana Financial brings 2,200 finance staff to the Incheon site its data center has occupied since 2017

Hana Financial Group is moving about 2,200 holding-company and affiliate staff into a new Incheon headquarters beside its data center. Hana expects finance and IT staff sharing floors to build AI-driven services faster, a claim its coming product releases will test.

Perspective Coverage

3 publishers
Builder
Builder 23%
Operator
Operator 45%
Investor
Investor 32%

Reality

Evidence62
Adoption30
Hype gap+25
Incentives70
Confidence68
invest3 publishers

Ant's Falcon FX model goes live at six banks, and the benchmark it sets is narrower than the headline

Ant International says its upgraded forecasting model is in production at Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays, with a claim of 60% lower hedging costs attached.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 41%
Investor
Investor 27%

Reality

Evidence45
Adoption55
Hype gap+35
Incentives70
Confidence55
product3 publishers

OpenAI builds eleven licensed data providers into its finance ChatGPT

OpenAI's financial-services ChatGPT arrives with market data licensed from the vendors banks already pay, and without a published price the buy-or-keep comparison cannot be run. Its own benchmark still misses about three answers in ten.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 40%
Investor
Investor 28%

Reality

Evidence55
Adoption
Insufficient
Hype gap+35
Incentives65
Confidence60