MUFG Ties Up With OpenAI to Accelerate AI Use in Bank Services

Japan’s largest bank announced a tie up with OpenAI to accelerate its use of artificial intelligence, including in a new digital lender that’s set to open next fiscal year.

Activities like account openings will be supported through AI chat and other methods, according to Mitsubishi UFJ Financial Group Inc. The firms will also create a system that allows users to consult with ChatGPT about household finances and asset management via smartphone apps.