[ad_1] What will artificial intelligence bring to the financial services industry? This question is becoming less crucial than how financial institutions are approaching AI implementation, development...
[ad_1] Financial institutions have kept their noses to the grindstone this year amid industry turbulence and technological disruption. To cut costs and streamline operations, banks looked...
[ad_1] This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/tesla-stock-china-sales-7dd26568 Sept....
[ad_1] TORONTO — Eighty percent of queries across Citigroup’s 96-country network — which includes more than 200 million clients — are payment status queries. Pre-validation capabilities...
[ad_1] Barclays, Citi and HSBC are all exploring AI, and representatives of the three banks are sharing how to identify where to invest in the tech....
[ad_1] Financial institutions are looking to AI to enhance developer productivity and get products to market quickly. “Developer productivity is a huge use case [for AI]...
[ad_1] Financial institutions collect vast amounts of structured and unstructured data on a daily basis, and AI is presenting more efficient ways to utilize that data...
[ad_1] Barclays, CitiGroup, Truist Financial and Santander announced layoffs this week as they look to cut costs and gain efficiencies. Truist is making “sizable reductions” to...
[ad_1] Registration is now live for the upcoming Bank Automation News webinar Global Ideas for Better Banking AI, set for Thursday, Sept. 14, at 11 a.m....
[ad_1] Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over the past five years. In...
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously...
[ad_1] Santander Bank invested in SaaS platform Komgo to bolster its digital trade finance offering. Geneva-based Komgo provides digital trade financing options that reduce friction...
[ad_1] It’s no secret to financial institutions that fraud is on the rise. Seventy percent of financial institutions reported losses of over $500,000 to fraud in...
[ad_1] Citizens Financial Group selected embedded pay-over-time provider Wisetack Thursday for its new consumer financing platform, Citizens Pay. Citizens Pay will use Wisetack’s existing connections to...
[ad_1] Citigroup plans to increase tech spend and prioritize its digital transformation as it works to reduce headcount through automation, Chief Financial Officer Mark Mason said...
[ad_1] Amazon Pay has selected Affirm as its first buy now, pay later provider in the United States, with the goal to give customers a more...
[ad_1] Capital One acquired luxury concierge service Velocity Black in a deal announced June 1 as the credit card giant seeks to bolster the perks offered...
[ad_1] Citigroup Inc. plans to debut a new credit card with multiple retailers that consumers will be able use for larger purchases. The new card, known...
[ad_1] IBM’s first-quarter strategy included AI and hybrid cloud efforts as its clients sought automated workflows and improved digital customer experiences. “Our focus is on hybrid...
[ad_1] Citi is investing in platform and process simplification, security and infrastructure modernization, client experience enhancements and data improvements. “We recognize these investments have driven a...