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October 12, 2026 ai_technology payments

Banks Stop Counting AI Hours and Start Counting Returns

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Overview

For years, banks have sold investors on artificial intelligence (AI) with usage counts and hours saved. Few have said how much money it makes; at least, not on an earnings call. That is starting to change. Bank of America has 130 to 140 AI projects running “at a cost of $400 million, generating a benefit […] The post Banks Stop Counting AI Hours and Start Counting Returns appeared first on PYMNTS.com.

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