The Financial Post reports in its Thursday edition that Bank of Nova Scotia says artificial intelligence is boosting its employees' productivity and strengthening key programs, including its anti-money-laundering (AML) detection system. The Post's Naimul Karim quotes Scotia's Tim Clark saying in a statement, "AI capabilities ... are enhancing employee productivity in practical, responsible ways across our organization." He added that AI is also allowing employees to respond to client needs faster and strengthen "key risk-management capabilities like customer record validation, AML detection and compliance monitoring." Canada's Big Six banks are looking for ways to increase their use of AI to boost productivity and earnings. For example, it helped CIBC save 1.2 million hours of work in its first quarter and cut mortgage approval times at TD Bank. Bank of Nova Scotia on Wednesday said its employees will be able to "apply AI in practical ways across their day-to-day work" after giving them access to new tools such as Notebooks, which reviews documents, creates summaries and creates content that might otherwise take hours to prepare. Integrating AI into the daily workflows will also help people build new skills.