FSA to develop AI agent to help with customer service at regional banks

The Financial Services Agency plans to build an artificial intelligence tool to support customer inquiries at regional banks in Japan.

The agency aims to ease pressure on bank employees who often work with limited staff, especially in rural areas. The tool is intended to answer common questions and guide customers through basic services.

This effort comes as regional banks struggle with workforce shortages. The FSA expects the AI agent to improve response times and free staff for more complex tasks.

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Illustration of SoftBank's 75 billion euro investment in AI data centers in France, showing modern facilities near Versailles.
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Softbank pledges up to 75 billion euros for data centers in France

Raportoinut AI AI:n luoma kuva

Japanese conglomerate Softbank announced an investment of up to 75 billion euros in artificial intelligence-related data centers in France. The announcement came on the eve of the Choose France summit held in Versailles.

The Japanese government will roll out Gennai, a generative AI platform built for civil servants, across 39 agencies in a pilot program to improve efficiency.

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SoftBank Corp. announced plans to partner with South Korean firms to produce large-scale batteries for AI data centers, with mass production targeted for the fiscal year starting next April.

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BBVA Group announced an investment exceeding $300 billion in artificial intelligence and technological capabilities in Colombia, marking its 30 years of operations in the country. The plan involves a partnership with OpenAI to speed up AI adoption in its processes. Mario Pardo, the bank's executive president in Colombia, emphasized the shift to a customer-centered banking model using AI.

Egypt's Financial Regulatory Authority and 48 consumer finance companies have expanded a unified database aimed at detecting fraud and curbing cash monetisation. Officials say the move will help reduce losses and build trust in the sector. The effort includes collaboration with other financial federations.

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