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[ad_1] Generative AI allows banks to analyze unstructured data, which makes up about 80% of all data within financial institutions — a capability not possible just...
[ad_1] Fifth Third Bank’s overall noninterest expenses increased in the third quarter driven by higher technology and communication spend. The $214 billion bank saw a $23...
[ad_1] KeyBank’s cloud migration costs contributed to increased computer processing spend despite total noninterest expense slightly declining in the third quarter. The $187 billion bank’s total...
[ad_1] Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts. The $1.7 trillion bank’s total operating expenses clocked in at...