May 4, 2026 — 5:01am

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Few companies outside the technology sector are as enthusiastic about rolling out artificial intelligence (AI) as massive banks.

Financial institutions have the deep pockets to afford hefty technology spending, their bosses are constantly trying to lift productivity (including through automation), and they compete to maximise profits.

As major Australian banks release results this week and next, following ANZ on Friday, it’s likely executives will tout how they’re using AI to improve operations.