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[ad_1] IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash. HashiCorp has expertise in deploying multi- and hybrid-cloud infrastructures for enterprise clients,...
[ad_1] Barclays is looking to cut costs through structural changes as it seeks efficiencies in the face of falling profits. “We achieved around 200 million pounds...
[ad_1] Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. “Cost management remains a...
[ad_1] Bank of America’s innovation is never complete since its team constantly updates offerings to meet ever-changing client needs. “At Bank of America, innovation is...
[ad_1] Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe. “We selected Zafin to...
[ad_1] Uplinq, a credit decisioning support platform for small business lenders, named former Wells Fargo leader Derek Ellington as its strategic adviser. “Most recently, [in] my...
[ad_1] Financial services technology provider Fiserv is deploying AI to drive productivity and sees growth opportunities in the point-of-sale and real-time payments segments. “Our investment in...
[ad_1] Goldman Sachs Group Inc. is closing down its automated-investing business for the masses after clinching a deal with Betterment. The bank has struck an agreement...
[ad_1] Truist Bank expects to continue investing in technology to save money as it restructures. “We continue to see improvements in productivity due to investments in...
[ad_1] Fifth Third Bank saved $15 million in the first quarter, partly driven by deploying automation throughout its operations. “Expenses are well controlled … driven by...
[ad_1] Huntington Bancshares joined mega-banks in growing digital adoption during the first quarter, citing increases in digital and mobile usership and in digital logins. During the...
[ad_1] KeyBank is using robotic process automation to boost efficiency without hiring more people. The $189 billion bank has about 300 processes automated through (RPA), Michael...
[ad_1] Ally Financial invested in its digital product strategy, which continues to boost customer retention rates. “We have expanded our products and features to deepen customer...
[ad_1] BNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services. The bank will use Accenture’s AI and data expertise...
[ad_1] U.S. Bank’s investment in payments technology contributed to growth and higher payments revenue in the first quarter. “We are maintaining our through-the-cycle underwriting discipline and...
[ad_1] JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon makes no secret that his firm is all-in on artificial intelligence. Now, the head of the world’s...
[ad_1] Bank of America’s digital offerings continue to be a draw, as its virtual assistant Erica reached 2 billion user interactions in the first quarter. “Erica...
[ad_1] Morgan Stanley is looking to the strong merger and acquisition market as an opportunity to launch tech-driven tools that help its bankers and advisers make...
[ad_1] PNC Financial worked to expand to new markets and grow its digital platforms in the first quarter. The bank listed three long-term efforts in its...
[ad_1] Goldman Sachs is deploying AI in-house and preparing for financing opportunities in AI development in the market. Developing AI technology requires “infrastructure, power, and all...