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Fujitsu trials gen-AI for Japanese banks

The tech vendor has partnered with Japan-based Hokuhoku Financial Group for the experiments.

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Fujitsu’s AI platform, Fujitsu Kozuchi, will be applied to the banking operations of Hokuriko Bank and Hokkaido Bank, two Hokuhoku subsidiaries. More specifically, the gen-AI module on the platform will be used to repsond to internal inquiries, generate and verify business documents and create programs. 

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The objective is to identify promising use cases for the technology, according to Fujitsu. 

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It is not the first time that Fujitsu has sought to trial the use of gen-AI with a Japanese bank. In June it announced such a plan with Mizuho.

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A number of banks have announced plans to experiment with the technology while a number of regulators have also voiced their intention to bring in new rules to govern the use of gen-AI tools such as chatGPT. 

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