Tagged: vtb bank

A Robot Factory or Digital Workers Powered by Machine Learning to Be Introduced by Russia’s VTB Bank to Read, Comprehend, Process Financial Documents

VTB Bank, a leading Russian universal bank with over $6 billion in annual revenue, has introduced a “robot factory.” The bank, which has more than 77,000 workers, says it’s planning to introduce 250 “digital employees” off the production line in the coming years. VTB Bank’s… Read More

Head of Large Russian Bank Likens Cryptomining to Counterfeiting, Warns: “There is No Mechanism for Regulating the Cryptocurrency Market”

The head of Russia’s VTB bank, Andrei Kostin, has reportedly compared cryptocurrency mining with counterfeiting and believes crypto markets cannot currently be regulated, Russian national news agency TASS reports. Kostin made the comments while speaking at an educational event called “The I Am Professional” Olympiad…. Read More

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