Artificial intelligence
Artificial intelligence
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A new service speeds payments by using artificial intelligence to predict which buyers are most likely to pay.
January 21 -
McDonald’s agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard.
December 21 -
The use of artificial intelligence and machine learning in financial services, while promising, is not without risk. It's on federal regulators to ensure that algorithms relied on by banks and credit unions aren't harming businesses and consumers.
December 15 -
The company’s software analyzes banks’ loan programs and rejections for signs of discrimination.
November 15 -
During the pandemic, the use of digital assistants by low- to moderate-income consumers has soared. One reason: Those seeking loan modifications or fee waivers see the technology as less intimidating than humans.
October 8 -
Inventors at Bank of America kept originating ideas, leading to a record-setting first half of the year, even while continuing to work from home.
August 19 - AB - podcast
The Los Angeles credit union started out by creating a self-service bot it named Royce. CEO David Tuyo discusses Royce's contributions and other ways artificial intelligence is improving efficiency.
August 18 - AB - podcast
The Birmingham, Alabama, bank has developed artificial intelligence-based systems that can flag suspicious activity and guide customer service representatives. Amala Duggirala, the bank’s chief operations and technology officer, describes the AI work she and her team have been doing.
July 21 -
The suburban New York bank says Skye, its conversational artificial intelligence assistant, is doing the work of 100 full-time employees.
June 18 -
The data analytics provider has deployed cloud hosting to scour international payments for signs of fraud and money laundering.
June 15