banks
Saul Van Beurden is the man helping Wells Fargo confront a question hanging over banks of every size: What happens to jobs in the age of AI?He and his central team can’t, and shouldn’t, figure out what an AI-ready Wells Fargo looks like alone. The bank must teach employees skills…
Some of the biggest US banks are on high alert as the crisis in the Middle East worsens, causing lenders to issue updated security guidance to employees and even order them to leave their locations altogether.Iranian military leaders warned on Wednesday that they would attack banks and financial institutions in…
Saul Van Beurden has a folder on his phone labeled “productivity.” He’s constantly consulting the many AI apps that live there, whether sitting in his 60th-floor office in Hudson Yards or in front of his broken laundry machine.Van Beurden, who was named Wells Fargo’s head of AI in November, is…
For Ukrainian infantry, surviving the dead of winter requires a delicate balance.”It’s really, really cold in Ukraine,” said Nefor, the chief sergeant of an infantry company in Ukraine’s 3rd Army Corps. “I think, the first winter in some time with such cold weather.”A cold snap whipped through much of Ukraine…
AI is no longer optional at banks. The road map, and showing how it pays off, is the hard part. Alexandra Mousavizadeh, the cofounder and co-CEO of Evident, which tracks AI use in the financial industry, said some AI capabilities are “table stakes” for banks at this point — think back-office…
