{"id":307674,"date":"2026-10-16T03:48:12","date_gmt":"2026-10-16T03:48:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/307674\/"},"modified":"2026-10-16T03:48:12","modified_gmt":"2026-10-16T03:48:12","slug":"customers-bank-announces-collaboration-with-palantir-technologies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/307674\/","title":{"rendered":"Customers Bank announces collaboration with Palantir Technologies"},"content":{"rendered":"<p>Customers Bank, the subsidiary of Customers Bancorp Inc., has announced a collaboration with Palantir Technologies Inc.<\/p>\n<p>In its Wednesday announcement, Customers said the bank will deploy Palantir\u2019s Foundry and Artificial Intelligence Platforms \u2014 known as AIP platforms \u2014 to reimagine the deposit onboarding experience for its customers.<\/p>\n<p>\u201cYou only get one chance to make a first impression, and for a growing number of our customers, that first impression is how fast and seamlessly we open their account,\u201d Sam Sidhu, president and CEO of Customers Bancorp, said in a statement.<\/p>\n<p>\u201cThis collaboration with Palantir is the beginning of something bigger for Customers Bank: a shared vision to make every client\u2019s first experience with Customers Bank the best in the industry, at the scale our growth demands. This initiative is another step toward our goal: becoming the AI-native leader in banking,\u201d he said.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"  lazyautosizes lazyloading\" alt=\"Sam Sidhu (Courtesy Customers Bancorp Inc.)\" width=\"2148\" data- src=\"https:\/\/www.newsbeep.com\/us-pa\/wp-content\/uploads\/2026\/10\/REG-L-CustomersBancorpLeaders-0726_SamSidhu-1.jpg\" data-attachment-id=\"2200300\" \/>Sam Sidhu (Courtesy Customers Bancorp Inc.)<\/p>\n<p>As part of the collaboration, engineers from Palantir are working alongside Customers Bank\u2019s in-house AI engineering and technology teams, building on the bank\u2019s own data and systems, according to an announcement.<\/p>\n<p>The work is addressing two key drivers of the bank\u2019s growth: a best-in-class customer experience, and the ability to onboard new customers at scale without losing personal touch.<\/p>\n<p>Through the collaboration, Customers Bank and Palantir look to deploy AI and automation to streamline document collection, entity verification and risk signal aggregation into a more connected, real-time digital application experience, Customers Bank said in its announcement.<\/p>\n<p>\u201cCustomers Bank has already shown it\u2019s willing to move faster and build deeper than most banks of its size. This is exactly the kind of use case our platform was built for,\u201d Elias Davis, office of the CEO at Palantir Technologies Inc., said in a statement. \u201cWe\u2019re proud to put our engineers alongside Customers Bank\u2019s own AI and technology teams with the goal of building a client deposit onboarding and servicing experience that sets a new bar for the banking industry.\u201d<\/p>\n<p>Customers Bancorp Inc. is headquartered in West Reading, Berks County, and has nearly $27 billion in assets. Customers Bank has its headquarters in Charlestown Township, Chester County.<\/p>\n","protected":false},"excerpt":{"rendered":"Customers Bank, the subsidiary of Customers Bancorp Inc., has announced a collaboration with Palantir Technologies Inc. In its&hellip;\n","protected":false},"author":2,"featured_media":307675,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[349,60,126171,1557,182,139,28,128,130,129,503,706,707],"class_list":["post-307674","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reading","tag-berks-county","tag-business","tag-charlestown-township","tag-chester-county","tag-local-news","tag-news","tag-pennsylvania","tag-reading-city","tag-reading-city-headlines","tag-reading-city-news","tag-technology","tag-top-stories-reg","tag-west-reading"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/307674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=307674"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/307674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/307675"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=307674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=307674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=307674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}