CoinScoopServisFirst Bank to integrate AI agents from Covecta
ServisFirst Bank, a U.S. institution with over $18 billion in assets, has partnered with UK-based fintech Covecta to integrate AI agents for automating non-critical banking tasks. CIO Michael Lindsey stated the move aims to reduce manual operations and transition the bank toward an agentic operating model. Covecta, founded in 2024, has previously provided similar solutions to Metro Bank and b1Bank.
Summaries are written by AI from the original article. Not investment advice.