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Ally Financial is steadfast in its AI investment and is seeing its operations becoming efficient over time. “This quarter, we rolled out our proprietary AI platform Ally.ai to…
Read more Ally rolls out AI tool for 10K employees to automate, streamline processesAlly Financial continues to invest in its digital capabilities as clients gravitate toward its online channels. “We’ve made significant investments to modernize our technology platform, including the core…
Read more Ally invests in data, analytics in Q2 | Bank Automation NewsAlly Financial will launch a generative AI innovation challenge for startups on July 9, focusing on developing tech solutions for its customers and staff. “We see generative AI…
Read more Ally launches AI innovation challenge | Bank Automation NewsAlly Financial and Discover Financial Services are among the online banks that have recently lowered the rates they pay on high-yield savings accounts.Bloomberg The war for consumers’ cash…
Read more Even before Fed cuts rates, banks trim what they pay for depositsAlly Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an undisclosed price. The $196 billion Detroit-based bank is…
Read more Ally sells POS financing business to Synchrony | Bank Automation NewsIn 2023, financial institutions continued to look to third-party vendors for innovative solutions to enhance their offerings. A December report by Scottdale, Ariz.-based bank and fintech advisory company…
Read more Ally, Microsoft team up on gen AI | Bank Automation NewsLongtime Ally Financial leader Doug Timmerman today was named the lender’s interim chief executive, succeeding Jeffrey Brown. Brown, who announced his plans to step down in October, will depart Ally on Jan. 31…
Read more Doug Timmerman named interim Ally Financial CEO | Bank Automation NewsCard payments network giant Discover Financial Services has named Michael Rhodes as chief executive and president. He is expected to take the helm of the company by March…
Read more Discover appoints Rhodes as new CEO | Bank Automation NewsAlly Financial has developed an AI playbook to help its employees better understand the technology and take part in its innovation. “AI playbook is the common language that…
Read more Inside Ally’s AI playbook | Bank Automation NewsAlly Financial is exploring close to 200 use cases in-house for generative AI as it looks to increase efficiencies at the $197 billion bank. Ally is developing…
Read more Ally to roll out gen AI features | Bank Automation NewsAlly Financial and Brex rolled out AI-driven virtual assistants this week. Ally debuted a customer representative assistant to help service team members aid clients more efficiently while Brex’s…
Read more Brex, Ally roll out AI-driven chatbots| Bank Automation NewsAlly Financial continued to prioritize digital offerings and operational efficiency in the second quarter as its millennial and Gen Z client base grew. WHY IT MATTERS: The bank gained 86,000…
Read more Ally emphasizes digital migration | Bank Automation NewsAlly Financial continued to prioritize digital offerings and operational efficiency in the second quarter as its millennial and Gen Z client base grew. WHY IT MATTERS: The bank…
Read more Ally emphasizes digital migration | Bank Automation NewsAlly Financial is turning to the fintech layoff pool to hire for multiple high-level positions within its technology solutions department, including a new director of software engineering and…
Read more On the job with … Ally’s tech hires | Bank Automation NewsAlly Financial continues to invest in digital capabilities throughout its product suite to improve customer experience. “We’ll continue finding ways to disrupt the industry and remove friction for…
Read more Ally Financial invests in technology for improved CX | Bank Automation NewsAlly Financial is looking to capitalize on recent layoffs of tech talent to grow its own digital platforms despite potential economic turbulence to come this year. WHY IT…
Read more Ally looks to tech industry layoffs for potential hires | Bank Automation NewsFinancial fraud is big business for cybercriminals, with the Federal Trade Commission (FTC) estimating that $5.8 billion was lost to scams in 2021, a 70% increase from 2020.…
Read more Banks employ bots to fight rising fraud, compliance risks | Bank Automation News
