VERSABANK IMPLEMENTS NEW INTERNALLY DEVELOPED ARTIFICIAL INTELLIGENCE CAPABLITIES WITHIN CORE BANKING TECHNOLOGY

Core Insights - VersaBank has implemented advanced artificial intelligence capabilities in its core banking technology to enhance real-time monitoring of credit asset data [1] - The new AI features aim to further mitigate risk and improve the bank's operational efficiency [1] Company Overview - VersaBank is recognized as a leader in business-to-business digital banking in North America [1] - The bank also specializes in technology solutions for cybersecurity [1]