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Alex Karp told CNBC the frontier model providers are charging too much for tokens and taking customers' intellectual property. Here are the risks to bankers' strategies.
18m ago -
CPI inflation remains above the Federal Reserve's 2% target, but the slower rate of increase gives the central bank time to weigh the best course of action.
20m ago -
The card network's AI Financial Assistant uses information from 257 billion yearly transactions to inform "conversational" advice embedded in banking apps.
32m ago -
The New Jersey bank has attributed a 60% reduction in document-related task time over the past three months to an AI agent from fintech provider nCino.
2h ago -
Fiserv chose OpenAI. FIS chose Anthropic. Jack Henry just chose Google. The supervisory guidance that would govern any of it excludes agentic AI.
3h ago -
A detailed look at bank merger-and-acquisition activity between January and June reveals a significant slowdown in announcements and a decline in deal value and pricing. The deceleration coincided with the start of U.S.-Israeli attacks on Iran.
3h ago










