Artificial intelligence
Artificial intelligence
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The lumbering pace of product development is one of the typical drags on large bank technology firms, while nimble startups can seemingly launch new offerings overnight.
April 30 -
Provenance Blockchain, recently spun off from Mike Cagney's Figure Technologies, says it can help lenders trim 70% of mortgage settlement expenses through speedier processing and paperwork reduction.
April 26 -
Barclays has been highly active and aggressive in payments innovation on its home turf, giving it insight into which of its projects could find footing as it expands in the U.S.
April 26 -
The artificial intelligence engine will handle simple queries directly, feed information to customer service reps for others and analyze all calls.
April 25 -
David Tyrie, the bank’s new head of digital banking, discusses plans to offer customers constant course corrections and its new Life Plan product, and the latest on the virtual assistant Erica.
April 24 -
Mastercard is expanding its Girls4Tech education outreach program with new partnerships, and tightening the focus on subjects broadly in demand in the payments industry.
April 23 -
Cathy Bessant, Bank of America’s chief operations and technology officer, offers her takeaways from the first meeting of the Council on the Responsible Use of Artificial Intelligence. She also shares some challenges banks are facing with cyberattacks and data encryption.
April 23 -
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
April 22 -
Machine-to-machine payments and AI are paving the way for dynamic and rapidly adapting ecosystems, and it’s an exciting time to be in the payments industry. However, with all the transformation, financial institutions and regulators should be aware of the latest developments to adequately shift their strategies, writes Martin Amend, a senior consultant at Capco.
April 16 -
CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.
April 12 -
New York's former banking superintendent will spend much of the next three months advising fintech startups on how to cope with regulators.
April 11 -
The online lender's recent completion of a $700 million securitization provided Jonathan Ebinger at BlueRun Ventures an opportunity to reflect on what he has learned about the power of alternative data.
April 10 -
The San Francisco fintech, which uses artificial intelligence to make consumer credit decisions, has raised an additional $50 million. It also announced new partnerships with lenders and plans for a credit card.
April 8 -
Many U.S. banks, especially in Florida, are struggling to comply with U.S. sanctions against the Maduro regime. Some argue artificial intelligence can make it easier to distinguish between legitimate payments and illicit transactions.
April 8 -
Moynihan's call for unity, CFPB payday revamp, Morgan Stanley's AI strategy: Top stories of the week 'There is no division in our industry,' BofA's Moynihan says; why CFPB's payday revamp is an even bigger deal than you think; Morgan Stanley's new data strategy for higher-quality AI; and more from this week's most-read stories.
April 5 -
The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.
April 1 -
Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.
March 31 -
With its expanded capacity and reliability, 5G will drive innovation in mobile, online and branch services for credit unions.
March 28 -
There’s currently a focus on investing in technology and data to remain competitive, but financial firms also need to ensure they are helping workers adapt, argues Synchrony’s Margaret Keane.
March 27 -
Artificial intelligence lets banks predict employee misconduct; banks will get more flexibility on how they count rate swaps.
March 26





















