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[ad_1] Nvidia’s data center revenue skyrocketed during its fiscal first quarter 2025 as companies look to the chip-making giant for AI infrastructure. Data center revenue reached...
[ad_1] Ally Financial is continuing to invest in technology and generative AI to offer improved car sale recommendations and inventory options for dealers. The Detroit-based lender is...
[ad_1] Fintech Lili, which provides a business platform for small and medium-sized businesses, has teamed up with Amazon Web Services to deploy a generative AI-driven chatbot...
[ad_1] JPMorgan Chase has identified three uses for generative AI to boost efficiency. “AI, and particularly large language models, will be transformational,” Chief Operating Officer Daniel...
[ad_1] JPMorgan Chase is reaping rewards in know-your-customer operations from deployment of AI. The bank processed 155,000 know-your-customer (KYC) files in 2022, using 3,000 people to...
[ad_1] JPMorgan Chase considers customer needs, competition and time to market when approaching product launches for small-business clients. “We really try to keep the small-business...
[ad_1] The Securities Exchange Commission has proposed stricter regulations on how financial institutions deal with data breaches as cyberattacks climb. The SEC proposed amendments to its...
[ad_1] JPMorgan Chase & Co. is immersing every new banking employee in artificial-intelligence training, preparing them for a technology Chief Executive Officer Jamie Dimon has likened to the...
[ad_1] Small business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has...
[ad_1] Most financial institutions are not ready for open banking, but the tedious task of prepping bank platforms can be streamlined with AI. Three-quarters of...
[ad_1] To provide personalized customer experiences, TD Bank is developing AI technology, which has resulted in more patents for the company. “TD has filed more...
[ad_1] KeyBank launched its virtual account management solution, Key Virtual Account Management, powered by payments platform Qolo, on May 7. Key Virtual Account Management (KeyVAM) is...
[ad_1] AI and generative AI applications continue to dominate conversations within the financial services industry, but implementing generative AI is near impossible if bank data isn’t...
[ad_1] Financial institutions are looking to AI to help organize and tap into their structured and unstructured data. Data is “really the operational lifeblood of how...
[ad_1] Fidelity Information Services is looking to the public cloud to scale operations and reduce costs. FIS has nearly 60% of its operations on public cloud,...
[ad_1] Major banks in the United States are increasing tech investment for added efficiencies and frictionless digital experiences — which has become the consumer’s expectation since...
[ad_1] Adoption is ticking up for The Clearing House’ Real Time Payments network and the Federal Reserve’s FedNow payments rail as financial institutions add payment services...
[ad_1] GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global chief information officer, said at Auto Finance Summit East...
[ad_1] Bank of America aims to add 10 to 20 modules to its virtual reality training program every year to enhance employee training and improve information...
[ad_1] Jack Henry invested in automation technology, grew its client base and explored AI during its fiscal third quarter, which ended March 31. The tech provider...