Customers Bank Partners with OpenAI to Automate Lending and Banking Operations

Customers Bank has partnered with OpenAI to automate lending, deposit onboarding, and payments operations through on-site AI development. The initiative aims to reduce processing times and improve efficiency, with deployment expected within six to 12 months. The bank's CEO highlighted the potential to cut commercial loan closing times from 30-45 days to seven days.

By Colleen Cabili Mon, April 27, 2026 at 4:58 PM GMT+3 2 min read · Yahoo Finance · April 27, 2026, 13:58 UTC

Topics: AI in finance banking automation efficiency improvements lending automation OpenAI partnership

Read the full article at Yahoo Finance

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