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Mexican fintech Kapital raises funds, valuation $1.3B, plans AI platform to rival ChatGPT
El FinancieroLO·MX · US·3 days ago
Santander has launched its first AI products in investment banking, aimed at increasing the volume of client request handling and speeding up operations with stocks and bonds. The move signals adoption of AI in traditional banking operations, though specific capabilities and scale remain unclear. This marks a notable step in the sector's digital transformation, potentially setting a precedent for competitors.