/artificial intelligence

News and resources on artificial intelligence systems, innovations and initiatives worldwide.

OakNorth to embed GPT tools from OpenAI across its business

OakNorth, the UK digital bank for SMEs, has signed a deal with OpenAI to embed generative AI technologies across its business.

  1 Be the first to comment

OakNorth to embed GPT tools from OpenAI across its business

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

OakNorth is already deploying AI across horizontal and vertical initiatives - from digital lending to functional-led AI enhancement projects, as well as firmwide AI adoption.

Under the collaboration with OpenAI, the bank says it will deliver faster and more bespoke experiences for customers, with custom-built GPT tools enhancing everything from deal structuring and term drafting to real-time query handling.

Rishi Khosla, co-founder and CEO at OakNorth, says: “Through this collaboration with OpenAI, we’ll be able to deliver even greater personalisation and speed for our customers, as well as enhancing our operational efficiency. By embedding AI across every layer of our business, we’re building a smarter, leaner, and more impactful bank - one that delivers even better outcomes for entrepreneurs and is able to stay ahead of the curve.”

Sponsored [Webinar] The Next Fintech Frontier: A path to enhanced cross-border solutions amidst economic uncertainty

Comments: (0)

New Report – The Future of US Digital Payments 2025: ACH & BeyondFinextra PromotedNew Report – The Future of US Digital Payments 2025: ACH & Beyond