Technology
AB-012617-INTELLIGENCE

Banks want and need to rival tech giants in their use of customer analytics. Some think artificial intelligence is the key to making it happen.

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Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures.

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Stuttgart, Germany - 10-31-2024: Person holding cellphone with logo of US fintech company Mercury Technologies Inc. on screen in front of business webpage. Focus on phone display.

The firm's consumer account, which offers a 3.5% yield on savings, could appeal to the founders of startups that it already serves.

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Mary Carole McDonnell allegedly posed as a McDonnell-Douglas heiress to secure loans. The FBI believes she is currently hiding in Dubai.