AI cuts some Deutsche Bank corporate loan decisions to minutes

finews.ch

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Deutsche Bank wants to shorten its "simple" corporate lending to a few minutes instead of weeks thanks to artificial intelligence. At the same time, the new technology manager Marie-Jeanne Deverdun expects "intelligent agents to become our customers."

alborsaanews.com

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As part of a plan to develop banking operations and raise productivity while strengthening security controls, Dweiche Bank, Germany's largest bank, has accelerated corporate lending decisions using artificial intelligence. Mary Jean-Deverdon, head of the Bank's new technology, said that the project launched during the summer reduced the decision-making time for loans to some small companies from weeks to minutes. [...] Artificial intelligence ha…