BOFA'S MENSAH OUTLINES AI ROLE IN INTERNATIONAL STRATEGY

Speaking at Bank of America's Breakthrough Technology Dialogue in Singapore, Mensah discussed how AI and technology are reshaping the bank's international business approach. The executive addressed the bank's global footprint and plans for emerging markets, positioning technology as central to competitive advantage. Mensah highlighted how AI tools are being integrated across operations to enhance efficiency and customer service. The dialogue, held in Singapore, brought together financial leaders to examine how emerging technologies are transforming banking. BofA has invested heavily in AI capabilities, particularly for fraud detection, risk management, and personalized banking services. Mensah's comments reflect broader industry momentum toward AI adoption, as major financial institutions compete to modernize infrastructure and streamline processes. The bank continues expanding its international presence across Asia-Pacific and other key regions where digital transformation offers growth opportunities.