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US banks deploy AI to monitor customers, workers

Amid tech backlash.
Several US banks have started deploying camera software that can analyse customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told
Reuters.
Previously unreported trials at City National Bank of Florida and JPMorgan Chase & Co as well as earlier rollouts at banks such as Wells Fargo & Co offer a rare view into the potential US financial institutions see in facial recognition and related artificial intelligence systems.
Widespread deployment of such visual AI tools in the heavily regulated banking sector would be a significant step toward their becoming mainstream in corporate America. ....

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U.S. banks deploy AI to monitor customers, workers amid tech backlash

9 Min Read
(Reuters) - Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.
FILE PHOTO: Cameras are seen on the exterior of a Chase Bank branch in New York City U.S., April 7, 2021. REUTERS/Brendan McDermid/File Photo
Previously unreported trials at City National Bank of Florida and JPMorgan Chase & Co as well as earlier rollouts at banks such as Wells Fargo & Co offer a rare view into the potential U.S. financial institutions see in facial recognition and related artificial intelligence systems. ....

New York , United States , San Francisco , Jeffrey Dastin , Anna Irrera , Fredrik Nilsson , Imani Moise , Neil Bhandar , Walter Connors , Brian Karas , Paresh Dave , John Honovich , Lisa Shumaker , Bobby Dominguez , Jonathan Weber , Amazon Web Services , Chase Innovation Lab , Rite Aid Corp , City National Dominguez , Jpmorgan Chase Co , Airship Industries , City National Bank , City National , Wells Fargo , Thomson Reuters Trust Principles , Americas At Axis Communications ,

U.S. banks deploy AI to monitor customers, workers amid tech backlash

U.S. banks deploy AI to monitor customers, workers amid tech backlash
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U.S. banks deploy AI to monitor customers, workers amid tech backlash

TechnologyU.S. banks deploy AI to monitor customers, workers amid tech backlash
Paresh DaveJeffrey Dastin
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Cameras are seen on the exterior of a Chase Bank branch in New York City U.S., April 7, 2021. REUTERS/Brendan McDermid/File Photo
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Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.
Previously unreported trials at City National Bank of Florida (BCI.SN) and JPMorgan Chase & Co (JPM.N) as well as earlier rollouts at banks such as Wells Fargo & Co (WFC.N) offer a rare view into the potential U.S. financial institutions see in facial recognition and related artificial intelligence systems. ....

United States , New York , John Honovich , Fredrik Nilsson , Neil Bhandar , Walter Connors , Bobby Dominguez , Brian Karas , Amazon Web Services , Chase Innovation Lab , Rite Aid Corp , City National Dominguez , Jpmorgan Chase Co , Airship Industries , City National Bank , City National , Wells Fargo , Thomson Reuters Trust Principles , Americas At Axis Communications , America Corp , Brannen Bank , New York Times , Wells Fargo Co , Axis Communications , Innovation Labs , York Times ,

North American banks deploy AI to monitor customers, workers amid tech backlash

North American banks deploy AI to monitor customers, workers amid tech backlash
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

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