Bank of Montreal Launches AI and Quantum Institute, Cuts False Alerts by 10%, Eyes Tokenized Cash
Bank of Montreal established the BMO Institute for Applied AI and Quantum, led by Kristin Milchanowski. AI has reduced false AML alerts by 10% and cut adverse media search time from 180 to 20 minutes. The bank also plans a 24/7 tokenized cash platform with CME and Google Cloud.








