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Customers Bank teams with Palantir to revamp account onboarding

The bank plans to use AI and automation to rebuild how new customers open deposit accounts. No financial terms or timeline were given.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

Customers Bank has announced a collaboration with Palantir Technologies. The partnership aims to rework the customer onboarding process for deposit accounts using artificial intelligence and automation.

Timeline

  1. Oct 15, 4:10 PM ET: Customers Bank announced a collaboration with Palantir Technologies to reimagine customer onboarding through AI and automation.
  2. Oct 16, 5:35 AM ET: Coverage reported that Customers Bank selected Palantir to streamline the deposit onboarding experience for its customers.

Coverage

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