Japan's MUFG Bank eyes AI tie-up to save 200,000 hours a year

Lender to use LayerX in areas from sales pitches to checking customer financial data

20250901N MUFG LayerX logos

Mitsubishi UFJ Financial Group is expected to take a stake of nearly 5% in LayerX. (Source photos by Nikkei)

YUKI SEKIGUCHI

TOKYO -- Mitsubishi UFJ Financial Group will buy into Japanese artificial intelligence company LayerX, using its platform to streamline processes at the Japanese lender's banking unit.

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