Boston, Massachusetts Local News
Fare gates go live at South Station for commuter rail passengers
[ad_1] Commuter rail passengers will need to tap or scan their train tickets to enter the track area at South Station as the MBTA…
Tag: Banking Technology
Business
Bank of America opens new branch in Rocky Point | Long Island Business News
[ad_1] Banking executives and staff held a ribbon-cutting ceremony last week at Bank of America‘s newest Long Island branch. Bank of America officially opened…
Boston, Massachusetts Local News
Essex hosting town-wide yard sale
[ad_1] ESSEX — Bargain hunters and yard sale enthusiasts can search Essex for treasures in Essex this weekend. Organizers of a townwide sale —…
Banking
Gen AI boosts analysis of unstructured data
[ad_1] Generative AI allows banks to analyze unstructured data, which makes up about 80% of all data within financial institutions — a capability not…
Banking
Fifth Third’s tech spend jumps 5% YoY
[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…
Banking
KeyBank’s computer processing spend spikes 17%
[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…
Banking
Citi reduces costs, invests in tech
[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…