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As the challenges and pressures faced by the banking industry in digital transformation intensify, more and more banks are beginning to integrate large model technology into their core businesses, rather than simply relying on chatbot applications. The latest financial reports show that some major domestic banks have made significant progress in technology investment and large model applications, but also reveal a trend of differentiated investment. According to an analysis of ten major banks by Titanium Media App, including the six major state-owned banks and several joint-stock banks, six of them have seen a reduction in technology investment. For example,

Spanish BBVA Bank (Banco Bilbao Vizcaya Argentaria) recently announced the successful global deployment of the ChatGPT Enterprise Edition to enhance employee efficiency and innovation. In just five months, the bank has created over 2900 customized GPT applications by closely collaborating with legal, compliance, and IT security teams to ensure the safe and responsible use of AI. BBVA Bank has always been at the forefront of technological innovation.

Recently, Reserve Bank of India Governor Shri Shaktikanta Das issued a warning at a key meeting, stating that artificial intelligence (AI) and related platforms could exacerbate systemic risks in the Indian financial system. At this high-level meeting themed 'RBI90,' Das pointed out that while AI and machine learning open new business and profit growth opportunities for financial institutions, they also come with significant risks. He noted that a few AI service providers could dominate the market, leading to concentration.

Amid widespread skepticism among companies regarding generative artificial intelligence (Gen AI), consulting firm Deloitte reports challenges in bringing projects to production, while research firm Gartner predicts that many projects will be abandoned. However, a recent survey by investment bank Bank of America (BofA) reveals that Gen AI could significantly increase corporate profits. 'Analysts at BofA Global Research found that Corporate AI's

Recently, hundreds of social workers in England have started using an artificial intelligence system called 'Magic Notes'. This tool can record face-to-face conversations, analyze the content, and draft letters and suggest follow-up actions for social workers, helping them complete their work more effectively. The councils using this AI tool include Swinton, Barnet, and Kingston, with a total of seven councils currently using it. The 'Magic Notes' tool can quickly write meeting summaries and propose ideas that social workers may not have considered.

The European Central Bank is leveraging generative artificial intelligence technology to enhance banking regulation. Gen AI technology facilitates regulatory staff in managing their oversight tasks more efficiently. The ECB has developed multiple applications and platform services for over 3,500 users. Gen AI is beginning to flourish in the European financial services sector.

The AI Artificial Intelligence Platform Banking Copilot, developed by Sifang Jingchuang in collaboration with Microsoft, has preliminarily completed the POC (Proof of Concept) testing with banks.

Reports indicate that someone successfully deceived bank authentication systems using photos generated by SD. The original author combined two Lora models and conducted experiments to achieve consistency and aesthetic effects. The article details the specific process of photo generation, including refining faces, adding text, and image overlays. This news has once again sparked discussions and concerns regarding artificial intelligence technology. The tweet has surpassed 4 million views.

Judges in England and Wales have been granted permission to use ChatGPT for legal rulings, despite warnings about AI fabricating cases. The judiciary office issued official guidance stating that AI can be used to summarize texts and perform administrative tasks. The guidance warns that ChatGPT may invent cases in research, mentioning that deepfake technology could create false evidence.

OCBC Bank Singapore is the first bank to launch a generative AI chatbot for its global workforce. This AI tool was co-developed with Microsoft's Azure OpenAI and aims to assist employees in improving work efficiency. After a six-month trial, the speed of task completion for employees increased by 50%.

The Bank of England believes that AI could exacerbate financial stability risks and undermine trust in banks. They are concerned that algorithms may lead to discriminatory decisions and replicate historical biases. The Bank stated that the use of opaque AI models by multiple companies could impact market stability. They recommend that central banks consider how to limit the risks of AI used by financial firms. The Bank's viewpoint has heightened concerns among countries about the rapid development of AI.

The European Central Bank is conducting a pilot project on the use of generative artificial intelligence technology in its business departments, led by the ECB Infinity Team. The trial covers nine application areas, including document writing and data analysis. The ECB is cautious about the application of AI, paying attention to privacy, legal issues, and others. The ECB is also collaborating with other central banks to explore the applications of artificial intelligence.

The Reserve Bank of India has chosen McKinsey and Accenture solutions to develop an artificial intelligence and machine learning system to enhance regulation. The Reserve Bank of India is already using AI and machine learning technologies in its regulatory processes and now plans to scale up. Utilizing AI and machine learning technologies can enable real-time data reporting, effective data management, and dissemination.