Deutsche Bank cuts loan times with AI
Artificial intelligence has helped Deutsche Bank reduce corporate loan approval times from weeks to minutes. The new technology chief noted the bank is preparing for an agentic economy where internal AI agents interact directly with clients.
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DEUTSCHE BANK AG-REGISTERED cut corporate loan decisions from weeks to minutes using artificial intelligence. The lender plans more than €2.5 billion ($2.80 billion) in technology spending through 2028. Global lenders are racing to deploy automation while grappling with rising security threats and productivity demands.
