Megabank Groups Preparing to Use Interactive AI Tools
![](https://japannews.yomiuri.co.jp/wp-content/uploads/2023/04/bank.jpg)
Mega Banks in Tokyo.
11:00 JST, April 13, 2023
TOKYO (Jiji Press) — Japanese megabank groups are preparing to start full-scale use of interactive artificial intelligence tools in in-house operations to improve productivity.
Sumitomo Mitsui Financial Group Inc. on Tuesday announced a plan to carry out a demonstration test for such a tool until September.
Mitsubishi UFJ Financial Group Inc. aims to introduce an interactive AI tool within this year. Mizuho Financial Group Inc. is also considering a similar move.
Sumitomo Mitsui has teamed with Microsoft Japan Co. to launch an AI assistant tool fully tailored for the group.
The bank holding company hopes to make the tool available for use in creating business planning materials and information materials for clients by September after deciding rules on its use through the demonstration test.
Mitsubishi UFJ will create by summer an environment that accommodates an interactive AI tool in its internal networks, planning to utilize it to support work to create documents for internal procedures.
The company hopes to use the tool eventually for programming to improve its system development efficiency.
"Business" POPULAR ARTICLE
-
Prices of over 10,000 Food and Beverage Items to Rise This Year; Figure is down from over 30,000 Last Year
-
Sony Group to End Production of Blu-ray Discs; Market Has Shrunk Due To Growth Of Hard Disk Drives, Streaming
-
AI-Equipped Energy Efficient Air Conditioners Grow In Popularity; Some Can Guess Users’ Moods, Automatically Adjust Temperature
-
Toyota to Introduce 4-Day Workweek for Some Employees; Company Hopes More Flexible Schedules Will Boost Worker Motivation
-
Japan Fair Trade Commission to Strengthen Monitoring;3rd Party to Report on Companies Ordered to Improve
JN ACCESS RANKING