FalconTST 2.0 Rolling Out Across Six Banks

Ant International launched Falcon Time-Series Transformer Model 2.0, signing six major banks including Citi, HSBC, Deutsche Bank, Standard Chartered, and Barclays to apply the AI for cross-border payments, FX risk, and liquidity management as part of a broader push to embed specialized AI in finance. The model boasts a leading time-series benchmark with over 93% forecast accuracy, a MASE of 0.666, and the company has highlighted a $1.2 billion fundraising last month to expand its use across industries such as aviation, e-commerce, and logistics.