JPMorgan’s AI-driven Software Can Cut Manual Work by 90%

JPMorgan has introduced an AI-driven cashflow management software, Cash Flow Intelligence, which has reportedly reduced manual work for its corporate customers by nearly 90%. The tool, launched last year, allows corporate treasuries to analyze and forecast cash flows. It has seen significant interest from JPMorgan’s clients, with about 2,500 clients currently using it. The success of the tool has brought JPMorgan closer to charging for the service. The firm continues to invest in this solution, with over 150 data scientists and engineers working on refining its machine-learning solutions.

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