Italy’s Intesa embraces AI to tame bank supervision “information overload”

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Reuters UK

MILAN (Reuters) – Intesa Sanpaolo has introduced an artificial intelligence tool it has designed to wade through thousands of publications on banking supervision, Italy’s biggest bank said on Tuesday. The machine learning tool, dubbed Lisa or Linguistic Intelligence for Supervisory Awareness, uses language processing algorithms to scan documents for correlations and patterns of meaning to help predict future trends. Lisa reads texts much faster than humans and can identify correlations that are not immediately obvious, Intesa said, citing as an example the connection that wasn’t evident until …

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