Double materiality allows investors to not only understand the environmental, social, and governance risks facing their portfolios, but also the ESG impacts that those assets could have on the wider world. The more forward-looking, comprehensive principle is already baked into EU regulation, and is starting to gain traction in the US (while also facing blowback from […]
Tag: AI
Trade finance – which often still involves paper documents moving between banks, shippers, and exporters – is ripe for technological change. JPMorgan’s new partnership with Cleareye.ai digitizes the process and enables sophisticated automation. JPMorgan has partnered with Cleareye.ai to make trade operations and compliance more efficient and less risky. Through a combination of computer vision […]
Artificial intelligence-enhanced virtual assistants that answer questions via text or voice chat – from Capital One’s Eno to Bank of America’s Erica – are becoming table-stakes for consumers who want quick and easy customer services. Truist is the latest big bank to launch an AI-powered virtual assistant on its website and app. The “Truist Assist” […]