NatWest seals milestone UK banking collaboration with OpenAI [Yahoo! Finance Canada]
NatWest Group plc American Depositary Shares (NWG)
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Source: Yahoo! Finance Canada
LONDON (Reuters) - NatWest and OpenAI have joined forces to enhance the lender's digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank. The lender has put AI at the heart of key strategies to improve customer experience, cut costs and play its part to reduce the sums lost to financial fraud across the industry. Under terms of the agreement, NatWest will have access to all OpenAI products and secure early visibility and access to the AI group's product pipeline, as well as bespoke consultancy and executive input. In one of more than 275 AI projects the bank is exploring, NatWest wants to harness Open AI's technology to ramp up the capabilities of its custo
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News
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- NatWest Group plc (NYSE: NWG) was downgraded by analysts at Peel Hunt from a "strong-buy" rating to a "moderate buy" rating.MarketBeat
NWG
Sec Filings
- 3/25/25 - Form 6-K
- 3/19/25 - Form 6-K
- 3/18/25 - Form 6-K
- NWG's page on the SEC website