‘Jim’ the chatbot helps Singapore bank hire for Its wealth business

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

About one-third of the candidates who passed Jim’s vetting went on to get jobs with DBS. YahooFinance

-- Singapore’s largest bank is getting help from a chatbot named Jim in its drive to select good candidates for its fast-growing business advising customers on managing their wealth.

Under its Chief Executive Officer Piyush Gupta, DBS has been trying to re-engineer itself from a brick-and-mortar bank so that it operates more like a technology company. DBS runs one of the largest open application programming interfaces in the banking industry, and the hiring chatbot is one of several technology initiatives launched in recent years.

DBS is one of a growing number of global firms seeking to enhance their hiring process with artificial intelligence. A 2017 study by PwC said about 40% of the companies it surveyed are using AI to speed up and improve recruitment. That’s important because of the scale of DBS’s hiring in wealth management, reflecting the priority the bank places on expanding those services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oracle to hire 2,000 workers to expand cloud business to more countriesOracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Oracle to hire 2,000 workers to expand cloud business to more countriesBENGALURU (REUTERS) - Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday (Oct 7).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »