JPMorgan rolls out robots to scrutinize banker travel, expenses

By
-
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…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR

No posts to display