Artificial Intelligence

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Reuters - Bank of NY Mellon uses AI to lower costs

Ai Artificial Intelligence

Bank of New York Mellon has developed and deployed automated computer programs, or more than 220 "bots", across its businesses over the past 15 months seeking more efficiency and lower costs, as the adoption of artificial intelligence technology in banking increases.

Traders used poker games and food menus to cover up illegal trades

Poker Dice

Over the course of a few evenings in 2013, the heads of trading from major investment banks got together for some poker nights. It was a bit of relaxation from their hectic schedules. But what their seemingly-innocent hands of Texas Hold'em revealed was a story of traders gone rogue.

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Ai Artificial Intelligence

Reuters - Bank of NY Mellon uses AI to lower costs

Bank of New York Mellon has developed and deployed automated computer programs, or more than 220 "bots", across its businesses over the past 15 months seeking more efficiency and lower costs, as the adoption of artificial intelligence technology in banking increases.