JPMorgan rolls out robots to scrutinize banker travel, expenses

JPMORGAN CHASE & CO. has begun using machine-learning technology to process expense reports and determine whether they comply with company policies. / BLOOMBERG FILE PHOTO/PETER FOLEY
JPMORGAN CHASE & CO. has begun using machine-learning technology to process expense reports and determine whether they comply with company policies. / BLOOMBERG FILE PHOTO/PETER FOLEY
NEW YORK – JPMorgan Chase & Co. deal-makers on the road have another reason to resist the mini bar: The robots are watching. The bank has started using machine-learning technology to process expense reports and determine whether they comply with company policies, according to Lori Beer, JPMorgan’s chief information officer. “We basically have eliminated manager…

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