Japan's MUFG to automate operations to free bankers for wealthy clients

TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) plans to automate 30 percent of operations at its core banking unit by 2024, using software robots and artificial intelligence for paperwork that would otherwise take 9,500 employees to process. Automation would free bankers to better serve Bank of Tokyo-Mitsubishi UFJ Ltd’s [MTFGTU.UL] wealthier clients, […] Read more »

Japan's MUFG to automate operations to free bankers for wealthy clients

TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) plans to automate 30 percent of operations at its core banking unit by 2024, using software robots and artificial intelligence for paperwork that would otherwise take 9,500 employees to process. Automation would free bankers to better serve Bank of Tokyo-Mitsubishi UFJ Ltd’s [MTFGTU.UL] wealthier clients, […] Read more »

Japanese ad giant admits to overcharging more than 100 clients

Tokyo-based advertising giant Dentsu has acknowledged that it overcharged more than 100 clients after it conducted a month-long investigation into its own financial records. The probe turned up at total of 633 business transactions that warranted suspicion — worth about $ 2.3 million overall.  SEE ALSO: Why American ad agencies are being accused of having […] Read more »