APAC

Bank of Yokohama and Trust Launch AI System Demo

Bank of Yokohama, part of the Concordia Financial Group, and Trust Co., Ltd. are starting a proof-of-concept (PoC) experiment. They will use Trust’s generative AI solution, Trust TLanP®. The collaboration aims to improve efficiency in developing, operating, and maintaining systems. This is the first time a regional bank will use Trust TLanP® for this purpose. Regional banks in Japan are under pressure. They need to offer new financial services. This demand comes from changing customer needs and faster digitalization. Starting in April 2025, the Bank of Yokohama will boost its efficiency. They will focus on using AI and managing databases effectively. The bank joined forces with system integrators and fintech companies. This partnership helps it reach its goals. It also improves its IT strategy with new technologies. This led to…