Latest news with #EnterpriseChatGPT
Finextra
4 days ago
- Business
- Finextra
Zafin integrates ChatGPT Enterprise
Zafin, the strategic platform partner that banks trust to accelerate innovation and deliver transformative customer value, is collaborating with OpenAI to apply ChatGPT Enterprise across its product development and delivery operations. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By embedding AI into how its teams work and investing in training and enablement, Zafin is driving greater development velocity improving product quality, and strengthening its ability to support banks with precision. Banks today face mounting pressure from outdated infrastructure, nimble digital challengers, and evolving customer expectations. To help them deliver personalized products and services at speed, Zafin is scaling platform capabilities and empowering its teams to build with sharper focus and efficiency. OpenAI was selected not only for its technical leadership, but because its approach to human–AI collaboration aligns closely with Zafin's own AI principles. Together, the two companies are shaping how intelligent systems and human expertise can work in concert—accelerating innovation while maintaining the trust, control, and precision that banks demand. 'Innovation at Zafin is rooted in solving the toughest challenges banks face in delivering personalized experiences and dynamic pricing at scale,' said Branavan Selvasingham, Head of AI and Engineering at Zafin. 'By integrating Enterprise ChatGPT into our internal processes, we're accelerating how we develop, design and deliver products and capabilities that help banks respond to customer needs with speed and precision. Our teams are using AI to streamline ideation, reduce complexity, and enhance decision-making as our clients push for growth and efficiency.' 'Zafin is a great example of how companies are using ChatGPT to transform how teams work," said James Dyett, Head of Enterprise and Strategic Sales at OpenAI. "By embedding ChatGPT into their product development and delivery workflows, they're accelerating innovation and creating more value for their customers across the banking sector." Zafin is embracing generative AI not as a tool, but as a capability embedded across the organization, one that creates a strategic edge for both its teams and clients. By applying OpenAI's models through ChatGPT Enterprise across internal workflows from prototyping and documentation to enablement and collaboration, Zafin is reducing manual cycles, and freeing up teams to focus on high-impact innovation. What began as a clear vision to make teams 'superhuman' has become a core part of how Zafin builds, supported by strong adoption and a sustained focus on responsible scaling. Zafin's current and emerging AI initiatives span three strategic areas: • Collaboration enablement: powering documentation, cross-functional knowledge sharing, secure research workflows, and intelligent interfaces • Platform delivery acceleration: embedding AI across product design, QA, and solution delivery to shorten handoffs and raise quality • Future development: building agent teams and secure connectors that operate as teammates across the platform—developed using OpenAI SDKs and governed by enterprise standards All AI initiatives at Zafin are governed by a comprehensive responsible AI governance framework, supported by human-in-the-loop oversight and rigorous model risk management protocols. AI automation and human judgment are combined to ensure outcomes are explainable, auditable, and aligned with client needs. Early results show measurable gains in development timelines, QA cycles, and documentation delivery, bringing new capabilities to market faster and enabling Zafin to serve clients with greater agility.
Business Wire
5 days ago
- Business
- Business Wire
Zafin Integrates ChatGPT Enterprise to Accelerate Platform Development and Help Banks Compete
TORONTO--(BUSINESS WIRE)--Zafin, the strategic platform partner that banks trust to accelerate innovation and deliver transformative customer value, is collaborating with OpenAI to apply ChatGPT Enterprise across its product development and delivery operations. By embedding AI into how its teams work and investing in training and enablement, Zafin is driving greater development velocity improving product quality, and strengthening its ability to support banks with precision. 'By integrating Enterprise ChatGPT into our internal processes, we're accelerating how we develop, design and deliver products and capabilities that help banks respond to customer needs with speed and precision." Share Banks today face mounting pressure from outdated infrastructure, nimble digital challengers, and evolving customer expectations. To help them deliver personalized products and services at speed, Zafin is scaling platform capabilities and empowering its teams to build with sharper focus and efficiency. OpenAI was selected not only for its technical leadership, but because its approach to human–AI collaboration aligns closely with Zafin's own AI principles. Together, the two companies are shaping how intelligent systems and human expertise can work in concert—accelerating innovation while maintaining the trust, control, and precision that banks demand. 'Innovation at Zafin is rooted in solving the toughest challenges banks face in delivering personalized experiences and dynamic pricing at scale,' said Branavan Selvasingham, Head of AI and Engineering at Zafin. 'By integrating Enterprise ChatGPT into our internal processes, we're accelerating how we develop, design and deliver products and capabilities that help banks respond to customer needs with speed and precision. Our teams are using AI to streamline ideation, reduce complexity, and enhance decision-making as our clients push for growth and efficiency.' 'Zafin is a great example of how companies are using ChatGPT to transform how teams work," said James Dyett, Head of Enterprise and Strategic Sales at OpenAI. "By embedding ChatGPT into their product development and delivery workflows, they're accelerating innovation and creating more value for their customers across the banking sector." Zafin is embracing generative AI not as a tool, but as a capability embedded across the organization, one that creates a strategic edge for both its teams and clients. By applying OpenAI's models through ChatGPT Enterprise across internal workflows from prototyping and documentation to enablement and collaboration, Zafin is reducing manual cycles, and freeing up teams to focus on high-impact innovation. What began as a clear vision to make teams 'superhuman' has become a core part of how Zafin builds, supported by strong adoption and a sustained focus on responsible scaling. Zafin's current and emerging AI initiatives span three strategic areas: Collaboration enablement: powering documentation, cross-functional knowledge sharing, secure research workflows, and intelligent interfaces Platform delivery acceleration: embedding AI across product design, QA, and solution delivery to shorten handoffs and raise quality Future development: building agent teams and secure connectors that operate as teammates across the platform—developed using OpenAI SDKs and governed by enterprise standards All AI initiatives at Zafin are governed by a comprehensive responsible AI governance framework, supported by human-in-the-loop oversight and rigorous model risk management protocols. AI automation and human judgment are combined to ensure outcomes are explainable, auditable, and aligned with client needs. Early results show measurable gains in development timelines, QA cycles, and documentation delivery, bringing new capabilities to market faster and enabling Zafin to serve clients with greater agility. Learn more about AI at Zafin. About Zafin Zafin is the strategic platform partner that banks trust to accelerate innovation, unlock sustainable growth, and deliver personalized customer value—without disrupting core systems. Headquartered in Vancouver, Canada, and serving banks across North America, EMEA, and Asia-Pacific, Zafin helps financial institutions modernize intelligently by decoupling product innovation from legacy infrastructure and orchestrating value across the banking lifecycle. At the heart of Zafin is an AI-powered, modular platform purpose-built for banking. It enables banks to unify data, simplify product and pricing strategies, automate deal execution, and optimize customer relationships. Zafin works with top-tier global institutions as well as regional and mid-market banks, delivering measurable outcomes including increased speed to market, reduced operational complexity, enhanced compliance, and stronger customer engagement. To learn more, visit connect with us on LinkedIn, engage with our expert discussions on YouTube, or read our insights on the Zafin blog. 'Zafin' is a trademark of Zafin. Other product or service names mentioned herein may be trademarks of their respective companies.
Yahoo
03-06-2025
- Business
- Yahoo
Business Insider goes 'all-in on AI,' laying off 21% of staff
Business Insider has laid off about one fifth of its workforce, a sweeping round of cuts that affected every department and drew swift criticism from former employees and their union. The layoffs were announced in a staff memo from Business Insider chief executive Barbara Peng, who framed the cuts as part of a long-term transformation strategy to make the publication "the essential source of business, tech, and innovation journalism." "We are reducing the size of our organization, a move that will impact about 21% of our colleagues and touch every department," Peng wrote in the memo, which was sent to staff at the end of May. "While today's changes are what we must do to build the most enduring Business Insider, it doesn't make them any easier," she added. In addition to scaling back on coverage areas and "traffic-sensitive business," Business Insider plans to exit most of its Commerce verticals, which have long been a major revenue driver through affiliate links and search engine traffic. The company also announced a new push into live journalism events through a platform called BI Live and a sharp pivot toward artificial intelligence. "Over 70% of Business Insider employees are already using Enterprise ChatGPT regularly (our goal is 100%), and we're building prompt libraries and sharing everyday use cases that help us work faster, smarter, and better," Peng wrote. The focus on AI did not sit well with the Insider Union, a unit of the NewsGuild of New York, which sharply rebuked the layoffs in a statement Thursday. "To say this was tone-deaf to include in an email on layoffs would be an understatement," the union said, referring to Peng's emphasis on going "all-in on AI" in the same announcement. "Our position as a union is that no AI tool or technology should — or can — take the place of human beings." According to the union, about 20% of its members were affected by the layoffs. "The layoffs of our talented co-workers and union members is another example of Axel Springer's brazen pivot away from journalism toward greed," the statement read, referencing the German media conglomerate that owns Business Insider. "This is the third round of layoffs in as many years and it is unacceptable that union members and other talented coworkers are again paying the price for the strategic failures of Business Insider's leadership," the union added. Former staffers began sharing the news of their departures across social media. "I'm one of a big bunch of journalists who got laid off from Business Insider today. This sucks!" wrote Adam Rogers, a longtime journalist and former Wired editor, on Bluesky. "Which is to say, I wish the profession I've spent my life chasing wasn't in such chaos." Others pointed to the significant cuts within the Commerce team, a division once heavily focused on search-optimized shopping content. William Antonelli, a former full-time staffer laid off from Business Insider last year, wrote on X, "Today's layoffs destroyed the Commerce team, my only source of semi-stable freelance work." Though much of the media industry has heartily embraced commerce content over the last decade, Business Insider cited volatility in traffic and the decline of search-driven referral models as reasons to curtail its coverage. "We're reducing our overall company to a size where we can absorb that volatility," Peng wrote. In its place is BI Live, a new division centered on live journalism and in-person events that's aimed at connecting with its audience and expanding its experiential offerings. Peng ended her memo by urging employees to lean on one another for support during the transition, acknowledging the difficulty of the changes and the challenges ahead. The Insider Union, meanwhile, vowed to hold management accountable to the terms of its contract. "We expect Business Insider management to follow the layoff procedures outlined in our contract and treat our members with the respect they deserve," the union stated. Sign in to access your portfolio
The Hindu
30-05-2025
- Business
- The Hindu
Business Insider cuts 21% of workforce, memo shows
Business Insider is laying off about 21% of its workforce, an internal memo showed on Thursday, as the financial news outlet grapples with shrinking search traffic and the growing use of generative AI tools such as ChatGPT. The New York-based company joins several digital media companies in restructuring operations as consumers increasingly depend on artificial intelligence for news synopsis, which is eating into web traffic. In the memo, CEO Barbara Peng told staff the company now generates twice as much revenue for each website visit as it did two years ago, but 70% of its business still has some degree of traffic sensitivity. "We must be structured to endure extreme traffic drops outside of our control, so we're reducing our overall company to a size where we can absorb that volatility," Peng said in the memo seen by Reuters. The New York-based company is accelerating adoption of AI, with a majority of employees already utilizing Enterprise ChatGPT and several AI-driven products to enhance operations and reader experience, Peng said. The website is realigning its content strategy to concentrate on areas that attract high reader engagement, and is exiting the majority of its commerce business, Peng said. It is also launching a new events business called BI Live, Peng said, adding that it has already seen some demand and will continue to build the team. Earlier this year, Washington Post and Associated Press laid off 4% and 8% of their workforce respectively in a bid to cut costs and modernize operations.
The Verge
29-05-2025
- Business
- The Verge
Business Insider lays off 21 percent of staff to 'endure extreme traffic drops.'
As reported by The Information and Axios reporter Sara Fischer, CEO Barbara Peng emailed staff on Thursday announcing Business Insider is 'scaling back on categories that once performed well on other platforms' and mostly exiting its search-reliant Commerce business in an apparent acknowledgement of Google Zero, despite Sundar Pichai's rebuttals. Now it's shrinking, noting '70 percent of our business has some degree of traffic sensitivity,' while going all-in on AI with a push to use Enterprise ChatGPT, gen-AI site search, an AI paywall, and other products.
