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JPMorgan’s AI Cash Flow Software Reduces Human Work by Nearly 90%, Company Claims | HNGN [Video]

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JPMorgan Chase, a global financial powerhouse, has unveiled a groundbreaking advancement in cashflow management technology. Their latest tool, Cash Flow Intelligence, harnesses artificial intelligence (AI) to revolutionize financial forecasting and analysis for corporate treasuries.

Introduced just a year ago, this AI-driven software has quickly gained traction. JPMorgan claims it has significantly reduced manual labor for some corporate customers by nearly 90%, according to a Bloomberg report.

Client Interest Spurs Monetization Talks for JPMorgan’s Software

(Photo : Spencer Platt/Getty Images)NEW YORK, NY – OCTOBER 02: People pass a sign for JPMorgan Chase & Co. at it’s headquarters in Manhattan on October 2, 2012 in New York City. 

Tony Wimmer, head of data and analytics at JPMorgan’s wholesale payments unit, highlighted the tool’s success, noting its “tremendous” interest among clients since its launch.

This interest has prompted discussions within the company about potentially monetizing the service, considering its significant impact and widespread adoption among approximately 2,500 clients.

Despite the impressive advancements …

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