Customers Bank and Palantir Collaborate to Build an AI-Native Future for Banking
Business Wire•15/10/2026•08:33 ET
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Key Highlights
- ➤Customers Bank deploys Palantir Foundry and AIP for deposit onboarding
- ➤Customers Bank deposits growing 15% year over year
- ➤Customers Bank client deposit accounts up over 17% year over year
- ➤Palantir embeds engineers alongside Customers Bank AI and technology teams
- ➤AI initiative targets document collection, entity verification and risk-signal aggregation
Expert Statements
Sam Sidhu, President and CEO of Customers Bancorp
“You 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”
Sam Sidhu, President and CEO of Customers Bancorp
“This collaboration with Palantir is the beginning of something bigger for Customers Bank: a shared vision to make every client’s 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.”
Elias Davis, Office of the CEO at Palantir Technologies, Inc.
“Customers Bank has already shown it's 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. We’re proud to put our engineers alongside Customers Bank's 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”
Customers Bank and Palantir Collaborate to Build an AI-Native Future for Banking
A collaboration built around two key drivers of the Bank's growth: a best-in-class client experience and onboarding new customers at scale.
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