artificial intelligence
Nowcast, a subsidiary of the Finatext Group, has successfully completed development and deployment of "DAM-AICore," a proprietary generative AI application tailored exclusively for Daiwa Asset Management. The move marks a significant step in the asset manager’s digital transformation (DX) strategy, combining a custom front-end AI interface with
software engineering
JCB, Japan’s only international payment brand, has entered into a strategic AI partnership with IBM Japan to fundamentally restructure its core system development. By integrating IBM’s Generative AI platform, watsonx, JCB aims to transition away from traditional labor-intensive development models, positioning AI as a central "joint development
artificial intelligence
The rapid emergence of Generative AI represents a monumental technological leap, but the long-term trajectory of its advancement now faces a critical threat: an impending data exhaustion problem. The vast, publicly accessible datasets that fueled the current generation of models are finite and are being consumed at an unsustainable rate.
artificial intelligence
Mizuho Financial Group is releasing the generative AI-powered platform "Wiz Base" and will earnestly promote large-scale PoCs (Proof of Concepts) in anticipation of full-scale implementation of AI utilization in the sales support domain. Wiz Base is a platform built by Mizuho on Amazon Web Services (AWS) to operate
artificial intelligence
Tokio Marine Holdings (TMHD) has initiated a strategic collaboration with OpenAI, aiming to leverage generative AI technologies for the evolution of its business. TMHD aims to further integrate generative AI into various operational areas of Tokio Marine group, including contracts, inquiries, and document processing. This will help to enhance productivity
insurtech
Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, has recently delivered generative artificial intelligence (Gen AI) capabilities as part of their Shift Claims Fraud Detection and Shift Claims Intake deployments for Tokio Marine & Nichido Fire Insurance. Shift’s Gen AI-powered visual
artificial intelligence
Mitsubishi UFJ Trust & Banking, Mitsubishi UFJ Trust Systems, and Trust have concluded a business partnership agreement aimed at improving system development productivity through the utilization of generative AI. Trust was founded in 2023 and is a startup that provides services to streamline system development using generative AI. According to
generative ai
The "Guidelines for the Use of Generative AI in Financial Institutions" is a comprehensive framework designed to help Japanese financial institutions navigate the rapidly evolving landscape of Generative AI. Version 1.1 represents a significant update to the initial release, incorporating a year's worth of practical
generative ai
Nissay Asset Management announced that its generative AI platform "NAM-GPT" has won the "Model Buy-Side Award 2025 Digital Transformation and Generative AI Utilization Category" hosted by Celent. Celent is a member of GlobalData, and is a global research and advisory firm focused on the financial services
regional bank
* Following megabanks, Sakana AI begins providing bank-specialized AI solutions to regional banks * As the first partnership with a regional bank, signed MOU with Hokkoku Bank and began considering specific implementation details * Moving forward, will work together with Hokkoku Bank to promote transformation of regional finance including regional revitalization, serving as
artificial intelligence
Naoyuki Fukuda at the Japan Research Institute has recently published a paper titled "Generative AI and the Japanese Economy: Reducing the Digital Deficit and Ensuring Economic Security". Key Takeaways and Arguments * Generative AI presents both significant opportunities and challenges for Japan. * Japan needs to reduce its reliance on