THE People’s Own Savings Bank (POSB) is taking major steps to integrate artificial intelligence (AI) into its operations as part of its three-year transformation strategic plan (TSP) meant to improve efficiency and boost profitability.The TSP which covers 2025-2027, has already seen the bank initiate several market penetration strategies during the first half of the year.AI…
POSB speeds up AI integration
As the bank accelerates its digitisation efforts, it has also heightened its focus and attention on cyber risk management.